Chairman of the Bangladesh Garment Manufacturers and Exporters Association, Faruque Hassan, said on Saturday that despite the difficulties, the country’s garment manufacturers were striving to forge ahead by increasing their share in the market. global.
“To make this happen, BGMEA has organized ‘Made in Bangladesh Week 2022’ to showcase the capabilities of our apparel industry in front of the world,” he said during a press conference held at the Sheraton hotel in the capital Dhaka.
BGMEA organized the press conference on the eve of the “Made in Bangladesh Week” from November 12-18, which will be officially opened today by Prime Minister Sheikh Hasina.
“Promoting ‘Made in Bangladesh’ is the main objective of the event and we want to retain our market share and also increase the market share of Bangladeshi garments in the global market,” Faruque said.
The Chairman of BGMEA said that the global economy is not under their control (Bangladesh garment manufacturers) but BGMEA is trying to increase its export share in the global market by overcoming the existing challenges.
The week-long mega event will create opportunities for global value chain partners to work together to tackle global challenges, he said.
Faruque urged BGMEA members not to negotiate work orders at lower prices.
“If an exporter negotiates orders at low prices, he will face an existential crisis. Clothing manufacturers should instead opt for product diversification to benefit from good prices,” he said.
The BGMEA Chairman said Prime Minister Sheikh Hasina will today inaugurate the week-long event at the Bangabandhu International Conference Center in the capital.
Under the theme “Care for Fashion”, the event will continue until November 18.
“Made in Bangladesh week” actually started on Saturday morning with a golf tournament at Kurmitola Golf Club, Faruque said.
Following today’s inaugural program, a meeting of the International Apparel Federation Board of Directors will be held, followed by the IAF General Assembly at the Radisson Blu in the city.
A three-day Dhaka Apparel Exhibition will be launched at the International Convention City, Bashundhara on Monday, and through this platform, garments, textiles and other related products will be showcased under one roof.
The 37th World Fashion Convention, organized in collaboration with BGMEA, BKMEA and the International Apparel Federation, will also kick off the same day at Radisson Blue.
‘On November 15, the third edition of Dhaka Apparel Summit and Bangladesh Denim Expo will be inaugurated and more than 70 world-renowned speakers will share their views and ideas at the event, which will be crucial in building the next leaf. road of our industry. and the economy,” said the BGMEA President.
On November 16, the winners of three competitions named Sustainable Design and Innovation Award, Made in Bangladesh Photography Award and Non-Resident Bangladesh Award will be announced.
The Sustainability Leadership Award will be presented to factories for their best practices on November 17 and a technical workshop on sustainability and innovation will take place on November 18.
The opening of the BGMEA Innovation, Efficiency and OHS Center will take place at the BGMEA Uttara Complex in the city on the last day or week-long event.
BGMEA in partnership with Bangladesh Apparel Exchange is organizing the week-long event related to apparel manufacturing for the first time, Faruque said at the press conference.
Cem Atlan, president of the IAF, said “Made in Bangladesh Week 2022” could be a great example for the global garment industry, as the sector represents 22 million workers across the world.
Sanjay Jain, CEO of PDS, a sourcing, manufacturing and supply chain platform, said his company is working to double its sourcing in Bangladesh in the coming years.
He said that PDS sources clothing products from Bangladesh worth $1 billion a year.
Ranjan Mahtani, Executive Chairman of EPIC Group, said the mega event will help Bangladesh become the world’s largest garment exporter.