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Bangladesh RMG sector urges government to desist hiking gas prices

Readymade Garment (RMG) manufacturers have called upon the government to reduce gas prices and resolve gas and electricity supply problems to help the industry attain $50 billion export target by 2021. They made the call at the inaugural ceremony of the two-day Denimsandjeans.com Bangladesh Expo held in Dhaka at Radisson Blu yesterday.

The sixth edition of Denimsandjeans.com Bangladesh show began with the aim of sharing information about the latest fashion trends in denim products and bridging a relation between buyers and manufacturers. The exhibition provides a platform for the global denim manufacturers, buyers and retailers to assemble with the objective to share, interact and establish business ties with the suppliers of Bangladesh.

Some 28 companies from across the world participated in the expo with their latest trendy denim fashion products. Bangladeshi participants at the expo have shown strength of denim industry which is growing at a fast pace with innovation and quality products and also with on-time delivery.

The booming denim industry has great potential, the market of which is expected to reach $64.1 billion by 2021. Bangladesh has become the key manufacturing and sourcing hub among Asian countries. Nurturing this hope, the show has come into being and it would help bring global denim buyers land here. The show ends today.

 
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