Garment accessory manufacturers must get cash incentives: Bangladesh Industries Minister | Trims News Bangladesh
Home » News » Trims News » Garment Accessory Manufacturers Must Get Cash Incentives Bangladesh Industries Minister

Garment accessory manufacturers must get cash incentives: Bangladesh Industries Minister

Share: 
      Newsletter

READ MORE ON Bangladesh Garment IndustryBGAPMEARMGTrims News Bangladesh

Lean Manufacturing in Garments Accessories and Packaging Industry of Bangladesh SeminarHighlighting the importance accessories and packaging makers hold for the flourishing readymade garment industry of the country, Bangladesh Industries Minister Amir Hossain Amu recently said that apparel accessories and packaging manufacturers should get cash incentives from the Government, which would enable the sector to become more sustainable.

Also ReadAhead of Budget, B’desh garment accessories makers place proposals before govt

“Our Government should come forward to accelerate the sector… I will discuss the issue with Finance Minister,” Amu said while addressing a seminar titled ‘Lean Manufacturing in Garments Accessories and Packaging Industry of Bangladesh’ organised by Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) in Dhaka recently.

Terming cash incentives a logical demand, the Industries Minister reportedly maintained that his Government will provide all kinds of policy support to help boost the accessories and packaging segment. Amu also said that modern garment accessories and packaging industry is the necessity to achieve the target of US $ 50 billion export from RMGs by 2021.

The National Industrial Policy-2016 has identified the apparel and home textiles as priority sectors, the Minister added.

Also ReadGovt help required to boost RMG accessories export: Rafez Alam Chowdhury

The Industries Minister also expressed hope that RMG can reach the peak of prosperity through product diversification and backward linkages. “Bangladesh is moving forward under the leadership of Prime Minister Sheikh Hasina,” he said, adding that the Government is establishing Special Economic Zones (SEZs) to attract foreign investors.

Senior Secretary of Industries Ministry M Mosharraf Hossain Bhuiyan, Project Director of Bangladesh Inspired, Sushen Chandra Das, and Senior Research Fellow of Bangladesh Institute of Development Studies (BIDS) Dr. Nazneen Ahmed were present as special guests on the occasion.

 

Have some news? Let us know on news@apparelresources.com

Recommended by Apparel Resources

A&E launches eco-friendly industrial sewing thread in collaboration with Unifi

American & Efird (A&E), a global leader in industrial sewing thread manufacturing, has announced the official launch of an industry first, REPREVE® recycled core spun industrial sewing thread, Perma Core® using REPREVE...

Madura Coats launches Coats Permess Studio

Madura Coats, part of Coats, the world’s leading industrial thread manufacturer, in collaboration with Permess International has opened a Coats Permess Studio in...

Talon International to host exhibition in Los Angeles

Talon International Inc., a major global supplier of zippers, apparel fasteners, trim and stretch technology products, has announced that it will hold an...

Madeira unveils metallic embroidery thread – FS40

Metallic threads provide an unmatched look when used in embroidery. But, despite its great aesthetic value and enhancing designs feature, most of the...

Coats’ Red Heart yarn brand wins ‘Women’s Choice Award’

The Women’s Choice Award has honoured industrial thread manufacturer Coats as America’s most recommended yarn brand. The award, given to the company’s Red...

Bangladesh accessories exporters demand cash incentives

Garment accessories exporters in Bangladesh are demanding cash incentives from the Government to flourish their exports. The issue was raised by Bangladesh Garment...

UPM Raflatac introduces RP38 TXL adhesive for apparel, textile labelling

Technology supplier UPM Raflatac has launched the RP38 TXL adhesive for clothing and textile labeling in retail environments. Available in the European market, RP38 TXL keeps labels...

Champion Thread Company appoints new Sales VP

Champion Thread Company, a leading global supplier of industrial sewing threads, engineered yarns, and other textile and sewn products supplies, has appointed PJ...

SBS Zipper signs technological cooperation agreement with QIEM

Largest wholesaler in China and second largest supplier of zippers in the world, SBS Zipper has recently signed a contract with the Research Group of Intelligent Design & Manufacturing of...

Non-wallet money accessories’ sales up 13%: Report

Sales for non-wallet money accessories increased 13 per cent to almost US $ 23 million in the 12 months ending on October 2016,...