Home / Knowledge / News / Apparel/Garments / Bangladesh apparel sector has 95% local investors: BGMEA
Bangladesh apparel sector has 95% local investors: BGMEA
Feb '17
Over 95 per cent of the total investors in the Bangladesh apparel industry are local. Moreover, Bangladesh also has a number of foreign investors in textile and apparel sectors. The country encourages foreign investments in the areas of high value added items, non-traditional apparel items and in the primary textile industry, especially woven textiles.

"Investors will invest in industries, which are more viable in the longer term," Md Siddiqur Rahman, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) told Fibre2Fashion.

Speaking about the concept of awarding special economic zones (SEZs) to countries like UK and China, Rahman said, "Garment industry in Bangladesh has a clear prospect to grow further. This indicates the need for planned industrial zones where factories can be set-up as we have scarce land. SEZs will be a vital force to flourish this industry further in a more organised way, resolving the issue of land availability to a significant extent."

Bangladesh is also working on decreasing its dependency on imports as there has been a significant capacity building in the area of yarn and fabrics manufacturing, especially for knitwear items.

"Around 80 per cent of the knitted fabrics are produced in Bangladesh. Denim production capacity has also got a significant boost in the last decade. Almost 50 per cent of the demand for denim fabric by our export oriented garment industry is being fulfilled by our local denim mills. Besides, Bangladesh produces almost 100 per cent of its accessories needed locally," added Rahman.

The country is dependent on external sources mostly for fibre, because it does not grow cotton or petrochemical products. It is lagging behind in woven fabric production, which has potentials for investment, noted the president of BGMEA.

Talking about the internal apparel market of Bangladesh, Rahman said, "The purchasing power and per capita income is growing in Bangladesh leading to increasing consumption and retail market size in the country."

Bangladesh progress on doing own labels/brands is still not mentionable, but it is producing for global brands.

"Our factories are now getting prepared for the next leap forward. In-house design development, presentation of collections to buyers, investments in high value added production capacity, etc. are happening in our apparel industry," said Rahman. (KD)

Click here to read the complete interview

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Shutterstock

Fashion | On 2nd Dec 2020

Fashion industry suffering worst year on record: report

Global fashion sales and economic profit—a measure of value where...

Pic: Global Fashion Agenda

Apparel/Garments | On 2nd Dec 2020

GFA launches Circular Fashion Partnership in Bangladesh

Denmark-based sustainability forum Global Fashion Agenda (GFA)...

Pic: Shutterstock

Textiles | On 2nd Dec 2020

Pakistan's textile & apparel exports up 3.78% in July-Oct

The value of textile and garment exports from Pakistan rose by 3.78...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

RoSCTL is need of the hour

Varinder Singh Jawanda, Trendy Bharat

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Textile industry, Head honchos

Textile industry
Head honchos

It is a well-calibrated budget

Alexander Foll,

Alexander Foll

Germany-based H Stoll AG & Co KG manufactures flat knitting machines....

Awanda Booth,

Awanda Booth

Held every year in New York City, Surtex is a global business-to-business...

N Nithyanandan,

N Nithyanandan

Incorporated in 1999, Purani Textiless Private Limited is one of the...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

December 2020

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

Advanced Search