The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Southern Gujarat Chamber of Commerce and Industry (SGCCI) are set to collaborate to bring the business communities of Bangladesh and India closer to explore new bilateral trade opportunities.
Led by Himanshu H Bodawala, President, a SGCCI delegation recently met with Faruque Hassan, President, BGMEA in Dhaka to discuss potential partnerships. The two sides focused on increasing direct business interactions between Bangladeshi ready-made garment (RMG) exporters and Indian textile manufacturers and raw material suppliers. They believe this will strengthen relationships and create a mutually beneficial situation for both countries.
Discussions also revolved around creating a platform for knowledge and expertise exchange in areas like design, technology, machinery, and productivity. This initiative could involve linking institutions such as the BGMEA University of Fashion and Technology (BUFT) with Indian universities, fashion institutes, and trade associations like SGCCI.
Hassan highlighted, Bangladesh and India are well-positioned to complement each other in the RMG and textile industries. He noted, as Bangladesh increasingly focuses on diversifying its RMG product range - particularly into non-cotton and high-value items - India’s strong textile industry and supply of man-made fibers could provide crucial support. Additionally, he pointed out that India is a promising and growing market for Bangladeshi RMG exports, creating more opportunities for both nations.
The SGCCI delegation included Bhavesh M Tailor, Secretary; Bhavesh Vallabhbhai Gadhiya, Treasurer; Amish H. Shah, Chairman of Overseas Expo; Harshal Bhagat, Co-chairman and Binty Jahan, SGCCI Representative from Bangladesh.
