Diversify products, explore new markets: Industries Minister
The minister termed it very crucial for expediting the country’s economic development
Industries Minister Nurul Majid Mahmud Humayun on Wednesday urged the country’s apparel industries to explore new markets and diversify their products.
The minister termed it very crucial for expediting the country’s economic development.
The minister made the comments while addressing the opening ceremony of three international exhibitions on textile and garment sector at International Convention City Bashundhara (ICCB) in the city.
The exhibitions are 20th Textech Bangladesh International Expo 2019, 16th Dhaka International Yarn and Fabric Show 2019 (Summer Edition) and 38th Dye-Chem Bangladesh 2019 International Expo.
CEMS-Global - Conference and Exhibition Management Services Ltd organised the events.
The expos will continue till September 7.
The minister also lauded the special contribution of the RMG sector to the overall economic growth of the country.
The government is now getting ready to deal with challenges the country will face after achieving a middle-income status, Nurul Majid said, adding that the government is committed to reaching the status by 2021.
It also aims to achieve the developed country status by 2041, the minister further said.
Mohammed Belayet Hossain, secretary to the Ministry of Textiles and Jute, and Mansoor Ahmed, first vice-president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), were present as special guests at the inauguration ceremony.
Meherun N Islam, president and group managing director of CEMS-Global, presided over the opening ceremony.
“We started our journey with 21 booths, now the number of booths stands at more than 1,500. This year 1,300 companies have participated in these fairs,” said Meherun.
In terms of participation, this fair is the biggest 360° supplier hub in Bangladesh for textile and apparel manufacturing industry, she added.
Participants have come from China, India, Germany, UK, USA, Taiwan, Japan, Turkey, Italy, Sri Lanka and other countries to showcase their latest products and services.
Visitors will find all products, technologies and services, including yarn, fabrics, trims, accessories, chemical, dyes, machinery and related machineries and services at the expos, according to the organiser.
The expos will remain open from 10:30am to 7:30pm every day for all.