The multi-billion-dollar RMG sector of Bangladesh exported garments worth $28.6 billion last fiscal year, which is 84 per cent of the total export earnings of the country. Various types of garments are manufactured in Bangladesh and all readymade garments are classified into two broad categories: woven and knitted. Knitted items production is increasing at a considerable rate and now more than 40 per cent export earnings have achieved from knitted products. In 2017, the value of woven and knitted product’s export was respectively $14.39 billion and $13.75 billion.

The Knitwear industry of Bangladesh has global competitiveness in terms of product quality, price and industrial up gradation by using of latest machinery, vertical integration, and industrial agglomeration. Recently a team of Bangladesh Textile Today has met with Swapan Kumar Das, Managing Director, Texworld Associates and discussed several issues on knitting industry and sustainable machinery.

Achieving the $50 billion export target by 2021 from readymade garment sector is becoming more challenging and sustainable Textile Machinery are needed to adopt in RMG industry for both woven and knitting sector. Price of knitting machinery in Bangladesh comparatively has not gone up recently. He emphasized that Bangladesh government needs to take a step to make conscious the entrepreneurs about new technologies. Therefore, the entrepreneurs can easily move to use new technology for better growth and sustainability. In Bangladesh, industry owners have very little idea about new technology. Some factories are using modern machinery but due to lack of skilled workforce they are facing several problems.