The four-day 20th Textech Bangladesh International Expo that kicked off in Dhaka showcasing textile and apparel products of more than 1,300 manufacturers around the globe. Manufacturers from around 25 countries including China, India, Germany, the UK, the USA, Taiwan, Japan, Turkey, Italy and Sri Lanka are showcasing their products. They are displaying different type of yarns, fabrics, computer jacquard elastic belt, buttons, trims, accessories, chemical, dyes, machinery including Bow machine and other related products and services. According to them, this expo will help both the parties to cut cost, build contact and increase profit.
The Bangladesh textile and apparel export industry has been a key part of the country’s economy over the past few decades. The current export value of the industry stands at around US$ 31 billion per year. This is projected to grow to US$ 50 billion by 2021.