Economic Reporter :
Entrepreneurs of the Indian state of Gujarat have been advised to invest in the backward linkage industries in Bangladesh, particularly those are related to the apparel sector.
Bangladesh Deputy High Commissioner to Mumbai Sarnina Naz made the proposal during a courtesy call on chief minister of Gujarat Anandiben Patel on Tuesday at her Gandhinagar office in Gujarat.
Naz said Bangladesh imports its major portion of cotton and other raw materials from Gujarat to meet the increasing demand of the growing readymade garment (RMG) sector.
“Investors from Gujarat may consider the vast opportunities for investing in the backward linkage of those sectors”, she said, drawing their attention to the scope of good return from such investment.
The deputy high commissioner also noted the advantages of making investment in Bangladesh those include a large pool of low-cost skilled manpower and duty and quote-free access that are offered to Bangladesh by many countries.
Naz invited the chief minister to visit Bangladesh at her convenience, which would provide her a first-hand experience to see and explore the opportunities that Bangladesh offers to foreign investors.
Accepting the invitation, Patel said a business delegation from the Southern Gujarat Chamber of Commerce and Industry (SGCCI) would soon visit Bangladesh to explore the investment opportunities there, which would also strengthen further the economic and trade relations with Gujarat.
At the meeting, the deputy high commissioner presented the chief minister some literature on Bangladesh and a traditional Jamdani Saree.
Naz earlier visited the SGCCI where she presented before the SGCCI on the trade and business opportunities and investment incentives that Bangladesh offers to the potential businessmen and investors.
The SGCCI leaders said that they would send a business delegation to Bangladesh soon to explore trade and business and possible collaboration with the Dhaka Chamber of Commerce and Industry (DCCI).
Entrepreneurs of the Indian state of Gujarat have been advised to invest in the backward linkage industries in Bangladesh, particularly those are related to the apparel sector.
Bangladesh Deputy High Commissioner to Mumbai Sarnina Naz made the proposal during a courtesy call on chief minister of Gujarat Anandiben Patel on Tuesday at her Gandhinagar office in Gujarat.
Naz said Bangladesh imports its major portion of cotton and other raw materials from Gujarat to meet the increasing demand of the growing readymade garment (RMG) sector.
“Investors from Gujarat may consider the vast opportunities for investing in the backward linkage of those sectors”, she said, drawing their attention to the scope of good return from such investment.
The deputy high commissioner also noted the advantages of making investment in Bangladesh those include a large pool of low-cost skilled manpower and duty and quote-free access that are offered to Bangladesh by many countries.
Naz invited the chief minister to visit Bangladesh at her convenience, which would provide her a first-hand experience to see and explore the opportunities that Bangladesh offers to foreign investors.
Accepting the invitation, Patel said a business delegation from the Southern Gujarat Chamber of Commerce and Industry (SGCCI) would soon visit Bangladesh to explore the investment opportunities there, which would also strengthen further the economic and trade relations with Gujarat.
At the meeting, the deputy high commissioner presented the chief minister some literature on Bangladesh and a traditional Jamdani Saree.
Naz earlier visited the SGCCI where she presented before the SGCCI on the trade and business opportunities and investment incentives that Bangladesh offers to the potential businessmen and investors.
The SGCCI leaders said that they would send a business delegation to Bangladesh soon to explore trade and business and possible collaboration with the Dhaka Chamber of Commerce and Industry (DCCI).
