Being held at the International Convention City Bashundhara (ICCB) in Dhaka, from January 15-18, 2025, Dhaka Int’l Yarn and Fabric Show highlights cutting-edge technologies in textile and garment sectors.
Organized by CEMS-Global USA and CCPIT-Tex China, this event serves as a vital platform for industry professionals to explore innovations, establish partnerships, and engage with over 325 exhibitors from over 15 countries showcasing premium yarns, fabrics, trims, and accessories.
During the event, industry leaders called on the government to implement supportive policies to address challenges in the struggling textile and garment sectors. Mohammad Hatem, President, Bangladesh Knitwear Manufacturers and Exporters' Association (BKMEA), voiced concerns about the declining value addition in the knitwear sector, which has fallen from over 85 per cent to 50-60 per cent due to outdated government policies. Without immediate intervention, the sector’s challenges would deepen, Hatem warned.
He further criticized the government’s decision to reduce incentives following Bangladesh’s graduation from Least Developed Country (LDC) status. He contrasted this with India’s continued policy support for its ready-made garment (RMG) industry, which has helped attract foreign investment. Hatem urged the Bangladesh Investment Development Authority (BIDA) to take proactive measures to address these issues and foster a favorable investment environment. He also encouraged Chinese investors to consider Bangladesh’s textile sector.
Anwar Hossain, Vice Chairman, Export Promotion Bureau (EPB) and Administrator, Bangladesh Garment Manufacturers and Exporters Association (BGMEA), assured entrepreneurs that steps were being taken to resolve these issues. He expressed concern over rising gas prices, which are affecting business expansion and deterring foreign investment. Hossain emphasized the importance of creating a business-friendly climate and focusing on backward linkages and non-cotton goods production to prevent further declines in value addition.
Other key speakers at the event included Dewan Muhammad Humayun Kabir, BIDA, Song Yang, Commercial Consulate of China in Bangladesh, and Zhang Jian, Secretary, Chinese Embassy in Bangladesh.
The exposition proves to be crucial bridge between Bangladeshi manufacturers and international suppliers, fostering growth and collaboration in the global textile industry, affirms Meherun N. Islam, President and Group Managing Director, CEMS-Global.
