Struggles of medium-sized garment exporters let down by frugal banking system... | Apparel Resources
Home » Markets & Products » Manufacturing Market » Struggles Of Medium Sized Garment Exporters Let Down By Frugal Banking System


Struggles of medium-sized garment exporters let down by frugal banking system…

Share: 
      Newsletter

Apparel Online Bangladesh October, 2016

READ MORE ON Bangladesh Garment ExportersBangladesh Garment Industry

Forming clusters and cooperatives among manufacturers the only answer

As Bangladesh garment industry continues its inspiring growth journey with the mission to achieve US $ 50 billion by 2021 amidst all hopes, aspirations and a sense of jubilation in the backdrop of Bangladesh inching closer to the goal, having achieved US $ 30 billion (approx.) in garment exports already, the medium-sized exporters are not very upbeat. Justifiably so, when faced with multiple challenges! Apparel Online Bangladesh caught up with a few exporters with an estimated export turnover of US $ 10-20 million to get a lowdown on the hurdles and odds facing them, and the possible solutions to those! “Inherent challenges like shortage of power, gas and other infrastructural bottlenecks are not insurmountable.…

SUBSCRIBE TO READ IN FULL

Source: Apparel Online Bangladesh October, 2016
Have some news? Let us know on news@apparelresources.com

Comments are closed.

Recommended by Apparel Resources

Grasp International: Spreading to newer markets to mitigate risk is growth strategy

Searching for fresh, unexplored markets is the demand of business today with every player acknowledging that staying focused on a...

If you are geared up, kidswear exports offer ample opportunities

Kidswear, an evergreen product category, is one of the most focused segment for many Indian exporters. Compared to all other clothing...

Indian denim industry foresees bright future

India has been at the forefront of denim fabric manufacturing since a long time with Arvind Mills being the flagbearer of denim in India. However, of late many new players...

Companies across India adding more products and exploring newer markets

Players from across the country especially having expertise in floor coverings are expanding further into other product ranges of home...

Asia-Pacific likely to be the fastest growing market for premium denim jeans

The global denim jeans market is valued at around US $ 58 billion and premium denim accounts for roughly 26 per cent of the overall jeans market with the highest...

Unionisation of apparel industry: A perspective

Whosoever is associated with the readymade garment industry in Bangladesh agrees that...

Value Addition & Sustainability – The way forward for Denim Sector

The second largest producer of denim products after China, Bangladesh’s emergence as the preferred destination for denims is beyond questions. According to latest available information, denim products contributed around US...

AO Investigation: Why Jaipur exporters are struggling to even reach Rs. 100 crore-mark?

Some years ago, one well-known Jaipur-based exporter having 3 factories, approached Tesco, H&M and few other such top brands/stores to work with his factories. The factories were even certified but after...

Bottoms – A scene in contrast!

Even as most of the medium-level bottoms manufacturers are struggling to keep afloat, others are constructing new and green facilities for bottoms/trousers/denims. So what is it – the motivation or...