Home / Knowledge / News / Textiles / Domestic workers to acquire training by foreign employees
Domestic workers to acquire training by foreign employees
31
Mar '08
A large number of Japanese, Korean and Taiwanese foreign investors seeking to establish their base in Bangladesh, are hiring domestic workers to impart training and technical knowledge for their own interest.

Considering the fact that technicians in China, Korea and other countries are more expensive than those found locally, investors have increasingly adopted the policy to train local workers to reduce their cost of production.

For instance, in the last few months, Japanese textile giant Toray, hired about 60 workers from outside EPZs for their Malaysian textile unit.

Paolo footwear, a Korean shoe maker also hired 40 workers from its Karnaphuli EPZ for similar purpose. Besides, Trimax, a Taiwanese company planning to invest in Bangladesh furniture sector, is also negotiating with the Government for hiring around 100 workers for providing advance training in Taiwan.

Experts believe that cheap labor from Bangladesh will immensely help these foreign entrepreneurs to reduce their management and production cost.

Several foreign enterprises who have invested in domestic EPZs have, in total, furnished about 700 workers with training abroad.

In fact, because of very high labor cost in Malaysia, a number of factories are planning to relocate their bases in Bangladesh where easy and cheap availability of workers will enable them to cut down on overall cost of the products.

As part of its investment plan, Toray will also shift its Malaysia-based subsidiary, Pan Fabric Toray, to Bangladesh.


Must ReadView All

Indian textile & apparel exports fall 13% in Jan 2018

Textiles | On 17th Feb 2018

Indian textile & apparel exports fall 13% in Jan 2018

A decline of 13 per cent year-on-year has been observed in the...

Brazilian cotton prices move up in first fortnight

Textiles | On 17th Feb 2018

Brazilian cotton prices move up in first fortnight

Cotton prices rose in Brazil in the first fortnight of February, as...

Courtesy: OrganoClick

Textiles | On 17th Feb 2018

OrganoClick introduces OrganoTex for water repellency

OrganoClick has introduced OrganoTex, a textile impregnation product...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Urmil Arya

Sushila International, a well established textile organisation established ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.0%
No
13.0%
Skip
17.0%

Total Votes: 100

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.0%
No
30.0%
Skip
7.0%

Total Votes: 100

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.0%
No
9.0%
Skip
3.0%

Total Votes: 100

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.0%
No
8.0%
Skip
9.0%

Total Votes: 100


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search