BD to diversify high-end products to explore new markets: BGMEA

BD to diversify high-end products to explore new markets: BGMEA

Dhaka, Mar 21 - President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan on Thursday said that Bangladesh is emphasising more on diversifying into high-end products and exploring new export markets.

He said this while the newly elected Executive Committee of the Bangladesh Garments Buying House Association (BGBA), led by its President Mohammad Mofazzal Hossain Pavel, made a courtesy call on the BGMEA President at his office in Uttara.

During the meeting, a wide array of issues concerning the ready-made garment industry of Bangladesh was discussed, including its current status, vision, and potential avenues for growth and development.

BGMEA President Faruque Hassan extended his warm congratulations to the newly elected committee of BGBA (elected for the tenure of 2024-26), expressing optimism that under their leadership, BGBA would emerge stronger and play a more important role in the development of the apparel industry.

He called on BGBA leadership to develop connections with new buyers who do not currently source from Bangladesh.

Both parties acknowledged the pivotal role played by the RMG sector in driving the economic progress of Bangladesh.

Emphasising the significance of collective endeavors, they underscored the importance of unity in addressing the challenges confronting the industry and enhancing its competitiveness amidst a dynamic business environment.

Both sides asserted commitment to working hand in hand towards building a sustainable garment industry in Bangladesh, one that is resilient, socially responsible, and globally competitive.

Other members of the Executive Committee include Md Abdul Hamid Pintu, Senior Vice-President, Mohammed Morshed Alam, A K M Saifur Rahman, Vice-Presidents, Zakir Hossain Secretary General, Emdad Ul Haque Miazi, Md Roman Mia, Joint Secretaries, and Fazlul Haque,Treasurer.-UNB