Adequate energy supply and Govt’s support are the key components for steady investment and export growth for textile industry….. Tapan Chowdhury

Staff Correspondent       
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Bangladesh Textile Mills Association (BTMA) president Tapan Chowdhury urged to government to solve the problem of energy crisis for textile industry as it has emerged as the principal foreign exchange earning source of around 81% of total export earnings. He requested this in his welcome address in the 14th Dhaka International Textile & Garment Machinery Exhibition (DTG 2017), which is popular as ‘mini ITMA’ of South Asia, jointly organized by Bangladesh Textile Mills Association (BTMA), Chan Chao International of Taiwan and Yorkers Trade & Marketing Service Company Limited of Hong Kong, was held on February 23 to 26 at the Bangabandhu International Conference Centre (BICC).

Figure 1: Tapan Chowdhury, President BTMA and sponsor director of thirty different business establishments of the Square Group
Figure 1: Tapan Chowdhury, President BTMA and sponsor director of thirty different business establishments of the Square Group

He said, “Augmentation of investment largely depends on political stability, peaceful law and order situation, and availability of adequate energy especially power and gas to run textile industry and support from government for the export oriented Textile industries.” He expressed his hope that the textile sector would continue to get Govt’s support and assistance for sustaining its growth.

Tapan Chowdhury also said Bangladesh aims to increase the volume of its ready-made garment exports to US$ 50 billion by 2021. “We have to turn this ambition into reality through well-designed and co-oriented approaches towards investment and other business initiatives,” he added.

He explained DTG-2017 expo as an ideal platform for the supplies of machineries and the buyers to make contact and chosen plants. He also mentioned, “Participating enterprise got around $250 million US Dollar worth spot business order during the last year 2016 exposition.”

Since the first edition of DTG in 2004, it has become a very significant textile and garment event in Bangladesh, with its scale setting new records year by year. As the largest textile and garment machinery show in Bangladesh, DTG 2017 gathers more than 1,000 globally leading brands from 33 countries and regions. The companies include Barudan, CTMTC, Fong’s, Groz-Beckert, Karl Mayer, LMW, Loepfe Graf, Lonati, M&R, Oerlikon, Pai Lung, Picanol, Rieter, Santoni, Shima Seiki, Stall, Tajima, Terrot, Thies, Toyata, Zimmer and Truetzschler and many more.

They displayed a wide variety of state-of-the-art textile and garment technologies, machinery, parts, accessories and the latest market trends, with quite a few innovative and versatile machinery models to be debuted at the fair.

Figure 2: Distinguished guests are opening DTG 2017, the largest textile and garment machinery exhibition in Bangladesh.
Figure 2: Distinguished guests are opening DTG 2017, the largest textile and garment machinery exhibition in Bangladesh.

Ms. Judy Wang, president of Yorkers Trade & Marketing Service Company Ltd & Chan Chao International Co. Ltd. Taiwan highlighted the significance of DTG fair and said DTG is the professional trading platform from where local and global entrepreneur and foreign exhibitors both will get chance to see for themselves the variety of latest machinery, technology and the entire supply chain.

Mirza Azam M. P, State Minister for the Ministry of Textiles and Jute, who formally inaugurated the four-day fair pointed out many actions taken by government to develop textile and RMG industry. He said that Bangladesh government is working for creating 100 economic zones as local and foreign investment raises.

He emphasized on demand of skilled work forces issue. “To fulfill the demand government is putting up more six textile colleges and government has a plan to build at least one textile institution in every district,” he added.

Bangladesh Textile Mills Association (BTMA) vice president Hossain Mehmood and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) vice president Mansoor Ahmed were present among others at the inaugural ceremony.

The reporter was talking to exhibitors attending at the fair and most of them expressed their satisfaction about the event. Leo Yang, GM International Dept. of Fujian Hongqi Co. Ltd said with pleasure to the reporter that they have been exporting knitting machineries to Bangladesh for 10 years and this year for the first time, they joined the DTG-2017.

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