Bangladesh Denim Expo took place on May 11 and 12 and attracted a good response from the industry. This time the exclusive focus was on denim and jeans products. The expo was aimed at attracting at least $7billion worth denim exports, which would help the readymade garment sector meet its $50 billion export target by 2021. Another object was to make the Bangladesh denim industry sustainable.

With the overwhelming response from global brands and retailers, another such show will be held in Bangladesh on November 11 and 12, 2015. Some Turkish companies are setting up offices in Bangladesh to expedite operations smoothly as it is the second largest sourcing country and a major supplier of denim products.

There are 27 denim factories in the country in the readymade garment sector with an investment of $900 million while about 10 factories are poised to come into operation soon. Local denim factories produce around 30 million yards of fabrics a month, meeting half of the local consumption.

In the global $60 billion denim market, Bangladesh lags behind China, the US, Italy and some Latin American countries. The country’s readymade garment sector plays a significant role in converting Bangladesh to a middle income country.
www.bangladeshdenimexpo.com