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Bangla to bring all textile sectors under one fold
The Government of Bangladesh recently has published final draft of Textile Act 2015, a thorough look of which reveals that the act is to bring all sub sectors of textiles under one umbrella which is The Directorate of Textiles (DoT) under the Ministry of Textiles.
Bangladesh textile: Opportunities ahead...
The current global apparel market is estimated $1,100 billion with trade value of $700 billion. European Union is the largest consumer market, reaching $350 billion per annum, whilst China is the largest exporter with $288 billion. Leading countries such as EU, USA & Japan focus solely on highest value stages of textile and apparel value chain, that are designing, marketing & distribution. Meanwhile, the manufacturing activities are concentrated in India, China & other developing countries such as Bangladesh, Pakistan, Vietnam, Indonesia, etc.
Intertek´s hi-tech testing lab in Bdesh
Intertek, a leading quality solutions provider to industries worldwide, will soon launch a comprehensive testing facility in Bangladesh to support the RMG industry in S outh Asia in view of the growing business volume.