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Apparel Online Bangladesh September, 2016

READ MORE ON Bangladesh RMG SectorGarment Manufacturer

Starting as a garment manufacturer, Managing Director of Hamid Fabrics Limited (the textile unit of Mahin group) shifted to fabric production to meet RMG sector’s burgeoning requirement for raw materials... Textiles manufactured in Bangladesh today contribute around 40% of the total fabrics’ demand of the export-oriented RMG sector while the remaining is sourced from various fabric destinations globally, indicating an abysmally skewed demand-supply scenario existing in the country. Despite the share of domestic yarn and fabric supporting RMG sector increasing over the years, the absolute gap between demand and supply only kept rising owing to the high growth of RMG exports. “As things stands today, Bangladesh needs more…

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Source: Apparel Online Bangladesh September, 2016
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