Bangladeshi eyes USD 2 billion export earnings from home textile manufacturers this year, more than double of last year, riding on the advantage of one percent cash incentives announced early this month for exports for this apparel sub-sector. Last year, exports of home textile from Bangladesh was close to USD 1 billion. The government has announced one percent cash incentive on export of home textiles, which would help boost the export to USD 2 billion in this year globally.
Md. Saiful Islam, Commercial Counsellor of Bangladesh to Germany said this mentioning that the Bangladeshi manufacturers who are attending Heimtextil 2020 in Frankfurt, Germany are hopeful to raise the earnings from this textile sub-sector.
Meanwhile, in a press briefing on the sideline of the fair, Omer Salahuddin, Chief Executive Officer of Messe Frankfurt SP Bangladesh and Country Head of Messe Frankfurt for Bangladesh, Pakistan and Sri Lanka, said, the apparel manufacturing industry of Bangladesh is the lifeline of the country's economy. “This is the high time for the Bangladesh garment industry to demonstrate its determination to make the industry sustainable, to be a business leader in this sector,” he added.
Bangladesh has already built up many world-class green garment factories solely for sustainability of the business and environment. A sustainable readymade garment sector will help ensuring economic growth. Since there are many companies in Bangladesh that take part in fashion shows,Heimtextilis an opportunity for them to explore Berlin market to sustain Bangladesh’s future export.
He was sharing views on prospects of Bangladesh apparel industry at a press conference on the sideline of the Heimtextil 2020 held in Frankfurt, Germany between January 6-10, 2020. The biggest thing that Bangladesh has not done yet is technology transfer, Omar said adding: “Bangladesh needs technology transfer to explore the potentials in the global textile market utilizing the resources.”
Meike Kern, Director, Messe Fransfurt Exhibition GmbH was also present at the press conference. Meike Kern said, Heimtextil 2020 was the 50th edition of the event where 2,952 exhibitors from 66 countries across the world participated. From Pakistan, 232 exhibitors participated, while from Bangladesh the number was 25.
Replying to a query on where do see the future of the exhibition in the next ten years, she said, we changed the concept last year and all exhibitors are aware of the new concept. We have to do lots in next five to ten years, because everybody is wondering as the fair is changing in nature. Participation in Heimtextil allowed Bangladeshi companies to meet global buyers and exchange knowledge with global manufacturers.
They got the chance to explore the market and received a positive response from the visitors, she added. Muhammad EmranulEhasan, Chairman of Entrust Textile and Director of Bangladesh Terry Towel & Linen Manufacturers & Exporters Association said that “We are participating for last four years at Heimtextil. The fair is going well. We will surely participate next year too,” informed Messe Frankfurt in a statement.
Mohammad Masud Hossain, Director – Marketing of Regent Textile Mills said: “We are participating in this fair every year since 2004. This fair is Important in context to meet existing customers and cultivating new opportunities. This is also important to gain knowledge about competitor’s global market situation. This is an event where we can understand market trend, product variety & also customer views & requirements.”
Mohammod Yeasin, Senior General Manager (Sales & Marketing) of Noman Terry Towel said: “We are very happy with the visitors and hope to have a good business next year.” Md. Moniruzzaman FCA, Chief Financial Officer of R.M. Group-Al Salam Fabrics said: “We are happy to participate in Heimtextil 2020. It is a great way to connect with global buyers and present our product to them.”
A.K.M Anwarul Mostafa showed a positive response about the fair and said:“We have displayed our innovative products and we got really good feedback from our customers. We have displayed adult, kids, bed linen and towels. We are very happy because all our major customers have visited us and their response was good too.”
Tamim Kibria, Head of Marketing of Shabab Fabrics Limited said: “We appreciate Messe Frankfurt’s support to make the show successful. It is indeed a platform where industry stakeholders share their view to move the business going.” Bangladesh had direct exhibitors and a national pavilion organized by Export Promotion Bureau (EPB) of Bangladesh.
Exhibitors from Bangladesh included: ACS Textile, Apex Weaving and Finishing, Momtex Expo, Noman Terry Towels, Premier 1888 Ltd, Regent Textile, Shabab Fabrics, Saad Musa Fabrics, Towel Tex, Zaber& Zubair Fabrics while thostheough EPB are Al-Salam Fabrics, Debonair Padding & Quilting Solution, Entrust Textile, Jaantex Industries, KHTex Industries, Maanuri Textile, Shabnam Textile Mills, Stylus Towels & Virgo Fashion.