Denim Expo begins in city

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Business Desk :
A two-day Bangladesh Denim Expo kicked off at a city hotel on Monday to showcase Bangladesh’s growth potential in the denim industry globally and share the local producers’ knowledge with manufacturers and buyers and expecting to fetch US$7 billion of the brand fabric’s global market share within 2021.
Denim Expert Ltd and Bangladesh Garment Manufacturers & Exporters Association (BGMEA) jointly organized the exposition, says a press release.
Twenty-five exclusive denim and jeans related manufacturers and enterprises from the USA, Spain, Japan, India, Pakistan, Thailand, Turkey, China, San Marino and host Bangladesh are taking part in the exposition.
Commerce Minister Tofail Ahmed, MP inaugurated the expo as chief guest while Head of European Commission Delegation and Ambassador to Bangladesh Pierre Mayaudon, High Commissioner of Canada Benoit-Pierre Laramee, Netherlands Ambassador Gerben Sjoerd de Jong, BGMEA President Atiqul Islam, President of Bangladesh Exporters Association Abdus Salam Murshedi and Managing Director of Denim Expert Ltd, Mostafiz Uddin spoke as special guests.
The Commerce Minister expressed his hope that the exposition will help opening of new trade avenues between local denim and jeans producers and international buyers.
 “The show aims not only to promote denim trade in Bangladesh but also to encourage greater business practice to raise the living standard of the people in this country,” said the key initiator of the expo Managing Director of Denim Expert Ltd, Mostafiz Uddin.
A good number of turnout of apparel entrepreneurs, businessmen, fashion professionals and stakeholders of the industry from Europe, USA and UK also attended the expo. A total of four seminars including a special one with titled “Made in Bangladesh a new Reality-Vision 2021” jointly organized by Bangladesh Garment Manufacturers & Exporters Association (BGMEA).
 The discussion in the seminar will focus towards devising a strategic action plan to overcome the existing challenges with a vision to increase Bangladesh’s share to $7 billion in the global denim market by 2021.
According to the industry insiders, Bangladesh is the second largest denim exporter in European markets while it is holding the third largest position in the USA market. Around 400 factories are exporting nearly 180 million pieces of denim jeans to the world. Bangladesh currently has 25 denim producing factories with total investment of over $834 million. After performing the forthcoming May show, Bangladesh Denim Expo will showcase there next exhibition on November 11-12th this year.
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