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'Enhanced cooperation between India, B'desh will make S Asia hub for apparel innovations'
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IANS | 02 Jul, 2022
Enhanced cooperation between India and Bangladesh can go a long way in
strengthening their position in the apparel industry and making South
Asia the hub for apparel and textile innovations, Bangladesh's High
Commissioner H.E Muhammad Imran said here on Saturday.
"Efforts
are being made to boost cooperation between the two countries, and am
confident that the Apparel Sourcing Week (ASW) 2022 will play a key role
in this," he said.
The ASW 2022, Asia's premier sourcing show
for the apparel industry, has been held successfully in Bengaluru with
new opportunities and avenues to strengthen India-Bangladesh
collaboration and bilateral trade and make Asia the global Apparel
Sourcing Hub.
Organised by Apparel Resources, ASW is taking place in Bengaluru with an overwhelming response from all partners.
Some
of the topics to be covered on Saturday of ASW 2022 include Mitigating
Risks in Sourcing, D2C Opportunities for Fashion, among other panel
discussions and industry sessions.
Bangladesh's High Commissioner
to India Muhammad Imran, Shelley Salehin, Deputy High Commissioner of
Bangladesh in Chennai, and Faruque Hassan, President, Bangladesh Garment
Manufacturers and Exporters Association (BGMEA), were the guests of
honour at the inauguration held on Friday.
ASW 2022 features an
expanded line-up of manufacturers from leading apparel hubs from across
the globe including India, Sri Lanka, and Bangladesh who are showcasing
their manufacturing prowess to established and emerging brands.
Major
Asian economies including India, Japan and China are making Bangladesh
their sourcing destination for garment items. In fiscal 2020-21,
Bangladesh exported garment items worth 421.86 million to India, which
was $420.73 million in fiscal 2019-20, according to an official
statement.
ASW 2022 also endeavours to take India-Bangladesh
collaboration in the industry to the next level by building on the
existing and potential synergies between the two countries.
The
event is expected to attract more than 10,000 visitors from India and
overseas, representing the biggest Indian and international apparel
retailers/brands and buyers from traditional markets like the US and
Europe as also non-traditional markets like China, Japan, and Australia.
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