Bangladesh is hosting a textile and garment machinery show from January 28 to 31, 2016. More than 1,000 textile equipment manufacturers, spinners, weavers and knitters, from 34 countries, including Bangladesh, will display a variety of state-of-the-art textile and garment technologies and machinery. Exhibitors will showcase the latest in textile and apparel technology.
Global brands such as Barudan, Jakob Muller, Karl Mayer, Loepfe Graf, Lonati, Oerlikon, Pai Lung, Picanol, Rieter, Santoni, LMW, Shima Seiki, Thies, Truetzschler and Zimmer will display and sell their products.
The participating countries include: Belgium, Brazil, China, Finland, Hong Kong, Indonesia, Italy, Japan, Malaysia, Sweden, Taiwan, Thailand, Turkey, the UK, the USA, France, Germany, India, Pakistan and Vietnam. Textile mills in Bangladesh cover a variety of spinning, weaving, dyeing, printing and finishing mills. Their contribution to the country’s gross domestic product amounts to 13 per cent. The sector has established a strong backward linkage industry for the country’s garment industry.
Textile mills in Bangladesh meet 90 per cent of the requirements for knitwear and 40 per cent of woven fabric requirements by garment factories. In doing so, they help the country save a substantial amount of foreign currency. Last year, exhibitors sold machinery worth $220 million at the fair.