Industry And Cluster

10% encouragement in the non-cotton division can collect more than $ 2bn

Published on 
Author: Manali Bhanushali

Although Bangladesh produced and transport ready-to-wear clothing for 40 years. However, the enterprise is considerably fixed on cotton-based merchandise. It is recognized that ready-to-wear merchandise diverseness happened on a minimal level.

Newly Bangladesh’s grand clothing dealing body, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President uncovered this subject.

According to the FY 2018-19 clothing transport statistics, approximately 74.14% of transports were cotton-made merchandise. That was 79% since the past ten years in FY 2008-09, which means the dependence on cotton-based clothing has enlarged since the past 10 years.

Subscribe to our Weekly E-Newsletter

Stay updated with the latest news, articles, and market reports, appointments, many more.

By subscribing you agree to our Terms and Privacy Policy.