The complete entire world has been suffering a lot from the COVID-19 pandemic. Every single sector of the business has been afflicted. The textile business is the main remittance earning resource for Bangladesh. This marketplace has been afflicted a whole lot due to lockdown in all places and a shortage of orders. As everywhere you go vaccination has been begun and the COVID-19 infection scenario is improved now. The good thing is, Bangladesh is receiving a good deal of orders now. Group Textile Concentrate talked with business stakeholders to know about their small business in 2021 and furcating for 2022. Azizur Rahim Chowdhury, Director, New Asia Team and BTMA shared his sights-
As we are talking about the foreseeable future of clothes in Bangladesh, we see that we are heading in the correct path. As I stated previously also that we are no lengthier basic T shirt Manufacturers. Bangladesh now pressure to reckon with, we can make underwear, sportswear, exactly where we can make all sorts of new clothes. We can make cotton ,Non Cotton, and just one of the toughness that we have as a Bangladesh marketplace in garments is we have been in a position to use both of those community materials as properly as imported materials. So this offers us a huge versatility when compared to other nations, The place a single country could be exclusively dependent on their very own supply chain or they may well be dependent solely on imported fabrics or source chain. Where we really have to have to include value is equipment. Exactly where we need to benefit is price added finishing procedures. Our textile machinery is the ideal but our experts are minimal in their check out in some strategies.
So we seriously need to have to master as a result systems and how to get most out of the machinery invest and financial investment that we currently have in the country and also appear for new avenues exactly where there is a hole the place there is an opening in the industry. So as entrepreneurs I would recommend all of my fellow business people to appear into what other avenues there are for growing and for going into a new era the place we can diversify from remaining a primary producer into a worth-included producer as Bangladesh. So after we do that mechanically when the very good price extra products arrive individuals brand names will have some standard products and solutions together with them.
But the pricing for the fundamental products wouldn.t be so minimal as its now. So now its is the time for us to graduate to the future stage and it’s no longer a buyers’ sector, it’s now sellers’ current market. Bangladesh has verified that as a result of Covid we have been supplying even with all these logistical crises. We are nonetheless offering our items on time. Good deal of us are conversing the air fright load on our personal shoulder just to service our buyers. So, it is the time that the planet acknowledges Bangladesh as a pressure to reckon in as a reputable provider as a quite sustainable and eco-friendly emphasis supplier and it is the time that we also recognize the value that we are furnishing to our prospects and we stand company with our commitments as we as our charges. We need to not go down with regards to selling prices, we must not be pressure into price reduction and more affordable charges. If it is our fault of training course we will get the stress and the penalty for it. But if we are offering a good merchandise, we should really get the suitable rate for it.