Backward Linkage Industries of Bangladesh

[Joel Ahmed]

https://www.tbsnews.net/economy/industry/packaging-gets-tk5000cr-investment-bangabandhu-shilpa-nagar-465990

Jahir Rayhan

27 July, 2022, 02:00 pm

Last modified: 27 July, 2022, 01:57 pm

Packaging gets Tk5,000cr investment in Bangabandhu Shilpa Nagar

Bangladesh accounts for $1 billion annual export to $800 billion global packaging and accessories market

 

Local packagers and accessory-makers are going to invest Tk5,000 crore in Bangabandhu Sheikh Mujib Shilpa Nagar to meet its packaging demand as well as to boost direct packaging export, according to manufacturers.

The Bangladesh Economic Zones Authority (Beza) has already approved the investment and allotted 25 acres of land to the packagers, Md Moazzem Hossain Moti, president of the Bangladesh Garments Accessories & Packaging Manufacturers and Exporters Association, told The Business Standard.

He, however, said around 1,900 members of the association need at least 100 acres of land for the investment, which the association estimates will generate 4,000 jobs.

"We will begin the construction of the factory after getting certain authorisations from Beza. This may take six months," Moazzem Hossain told TBS.

Bangabandhu Sheikh Mujib Shilpa Nagar, the country's largest industrial city, is being constructed on an area of 30,000 acres in Mirsarai and Sitakunda upazilas of Chattogram and Sonagazi upazila of Feni. There will be a garment village at the industrial city spanning 500 acres of land.

Moazzem Hossain said the association wants to provide packaging support to the garment village, and boost packaging and accessory export at the same time.

He said the new packaging factories in the industrial city will manufacture polybags, plastic hangers, different types of threads, twill tapes, drawstrings, padding and quilting tapes and zippers.

According to the association, there are now around 1,800 packagers and accessory-manufacturing units, mostly in Gazipur and Narayanganj. The factories supply 40 types of products, such as buttons, plastic hangers, polybags, labels, zippers, tags, tapes, thread, ribbon, rivets, laces, hooks, transfer film, paper, and ink, to export-oriented readymade garment industries.

This backward linkage sector is able to meet the overall packaging demand of the local RMG and leather sectors.

Besides, local packagers provide backward linkage support to leather, pharmaceuticals, home textile, rice and crockeries.

According to Moazzem Hossain, the packaging industry fetched the country $7 billion in the last fiscal year through the apparel channel, while annual direct packaging export to 18 countries hovers around $1 billion.

Manufacturers said the global packaging market is around $800 billion. Moazzem Hossain said they are working to boost the direct export too.

[Joel Ahmed]

https://www.dhakatribune.com/business/2022/09/01/foreign-yarn-and-fabric-producers-want-more-business-with-the-rmg-sector

Foreign yarn and fabric producers want more business with the RMG sector

Talking to Dhaka Tribune on the sideline of the ongoing 21st Textech Bangladesh International Expo 2022, the manufacturers of the supply chain expressed their desire to increase business here

 

Saddam Hossain

September 1, 2022 6:20 PM

The international suppliers of yarn, fabric, dye chemicals and machinery are eying to grab the growing apparel sector of Bangladesh by increasing their supplies.

Talking to Dhaka Tribune on the sideline of the ongoing 21st Textech Bangladesh International Expo 2022, the manufacturers of the supply chain expressed their desire to increase business here. 

Cedaar Textiles Pvt Limited, a Bengaluru-based company, produces around $30 million worth of man-made fibers (MMF) and its fabrics annually, and exports 60% of them to Bangladesh. 

Talking to Dhaka Tribune, Gobinda Ghosh, marketing manager of Cedaar Textiles, said that they were doing business with Bangladesh since 2002, and now its apparel manufacturers are expanding their business to non-cotton-based goods. 

“Although we have more than 50 customers here, we want to make more,” he added.

Hebei Linen Home Textile Ltd is a Chinese home textile fabrics manufacturer based in the Shijiazhuang City of Hebei Province. 

They produce fabrics in their 280 sets wide rapier loom, mainly grey fabric for pure hemp and cotton linen and Tencel linen grey fabric.

Tina Ma, manager of sales of the company said that they participated in this fair for the first time. 

“Bangladesh is doing well in exporting home textiles. We want to further expand our market here,” she said, adding that Bangladesh is also the second largest apparel exporter and therefore, the market is undeniable. 

Tom Tang, CEO of Shaxing Shuiyi Textile Co Ltd, a Zhenjiang-based Chinese manufacturer, also echoed Tina and said that they are getting a good response. 

“But due to it being day one, the presence of people seems a little lower. I hope we will be experiencing a crowd on Friday and Saturday,” he added. 

Dodhia Synthetics Ltd, a Mumbai-based company, produces petropoly – dyed, fancy, and recycled yarns – from PET bottles. 

Gururaj Chawan, coordinator of export sales of the company, told Dhaka Tribune that the apparel sector is moving towards sustainability and circularity. 

“So, we produce petropoly, a planet-friendly yarn that reduces dependency on non-renewable natural resources and helps the environment by keeping bottles and plastic out of landfills,” he added. 

Santosh Sahewal of Viru Textiles, an Ahmedabad-based company, said that they are eying to increase their export to Bangladesh. 

MYD Group Corp, a Bursa-based Turkish textile chemical manufacturer produces pre-treatment, dyeing, finishing, printing auxiliaries and optical brighteners.

Ugur Keles, the representative of overseas sales, said that they are getting good responses.

“We want to increase the export of all kinds of chemicals here. We produce chemicals for textile and leather sectors and Bangladesh is a good market for both of the items,” he added. 

Emir Nutku of another Turkish dye chemical manufacturer Ron Kimya also echoed the same.

Textile Colour and Chemical Export, an Ahmedabad-based manufacturer that produces optical whitening agent dyes and dyes intermediates, is a regular participant in these types of Bangladeshi expos.

Farhan Chhipa, representative of the company said that they are always focusing on Bangladesh as its RMG sector is growing fast.

“Now Bangladesh is the second largest exporter. We always have eyes on this big market,” he added. 

Students from the Textile Engineering department of some universities also participated in the event.

An official of Akij Group said that he is here to observe the supply chain products like yarn, fabric, dye chemicals and machinery. 

“This type of expos gives us an opportunity to choose the perfect product,” he added. 

Muksedul Mumin Rabbi, a final year student from the Daffodil International University, said that his team participated in the event to connect with the people in the industry. 

“We are preparing ourselves perfectly for the RMG sector, the highest export earner of the country. In the current context, practical knowledge is more needed than theoretical one,” he added. 

Four-day long 21st edition of the Textech Bangladesh International Expo 2022 began on Wednesday at ICCB of Dhaka, which will continue till September 3.

The expo is going on along with two concurrent exhibitions titled the “18th Dhaka International Yarn & Fabric Show 2022-Summer Edition” and “40th Dye+Chem Bangladesh 2022 International Expo.”

The expo is being participated by 260 companies with over 500 booths from 12 countries.