5th Bangladesh Int’l Fabric & Yarn Expo 2019 – Post Show Report by Redcarpet365 Ltd

Post Show Report

Pre Event Press Conference

RedCarpet365 Ltd has organized a press conference on 3rd November 2019 at Economic Reporters Forum (ERF) –Auditorium of Dhaka, on the occasion of 5th Bangladesh Int’l Garment& Textile Machinery Expo 2019 Targeting the entire Apparel industry, we had concurrent exhibitions as Bangladesh Int’l Print, Pack & Signage Expo , Bangladesh Int’l Fabric & Yarn Expo & Bangladesh Int’l Dyes & Chemical Expo.

The Press conference was leaded by Ms Fatematuj Johra, Director Marketing –Redcarpet365 Ltd along with Mr. Ahmed Imtiaz, CEO – Redcarpet365 Ltd. Mr. Md. Moazzem Hossain, Sr. Joint Secretary (Administration) - BKMEA has briefed about BKMEA’s role in this exhibition and Knitting Industry of Bangladesh and

On the other Hand Mr. H M Emran, President, Bangladesh Sign Materials and Machineries Importers Association and Mr. Zafar Ahmed, President, Bangladesh Digital Printers Owners Association briefed about new booming market of Textile & Digital Printing. Mr. Islam Riyadh, Editor & Publisher - Textile Focus has briefed about their Seminar on “Bangladesh Textile Industry towards Industry 4.0” .

Opening Ceremony

The opening ceremony of 5th Bangladesh Int’l Garment & Textile Machinery, Bangladesh Int’l Print, Pack & Signage Expo, Bangladesh Int’l Fabric & Yarn Expo & Bangladesh Int’l Dyes & Chemical Expo held on 07th November 2019 at Capitals, International Convention City Bashundhara (ICCB), Dhaka. Hon’ble Commerce Minister - Mr. Tipu Munshi , MP, has inaugurated these exhibitions.

Other special guests at the opening ceremony were

1. Mr. Md. Abdul Kader Khan, President of Bangladesh Garments Accessories & Packaging Manufacturers & Exporters Association

2. Engr. Md. Shafiqur Rahman, President of The Institution of Textile Engineers and Technologists (ITET),

3. Mr. Faruque Hassan, Honorary Consul General of Greece to Bangladesh & Managing Director, Giant Group,

4. Mr. Mohammad Hatem, 1st Vice President of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA),

5. Mr. Syed Nurul Islam, Chairman & CEO of Well Group of Industries,

6. Mr. H M Emran, President of Bangladesh Sign Materials and Machineries Importers Association (BSMMIA),

7. Mr. Zafar Ahmed, President of Bangladesh Digital Printer’s Owner’s Association (BDPOA).

Day 1 07.11.2019

Day 2 08.11.2019

Day 3 09.11.2019

Day 4 10.11.2019

Exhibition Facts & Figures

1809Visitors

3254 Visitors

2405 Visitors

1747 Visitors

Testimonials from Industry Leaders

I congratulate Redcarpet365 Ltd for organizing 5th Edition of BIGTEX - Bangladesh Int’l Garment & Textile Machinery Expo, Bangladesh Int’l Fabric & Yarn Expo, Bangladesh Int’l Printing, Packaging & Signage Expo and Bangladesh Int’l Dyes, Pigments & Chemicals Expo, from 07 to 10 November 2019 at International Convention City Bashundhara, Dhaka – Bangladesh. The back bone of Bangladesh’s economic growth is Apparel Sector and the networking platforms like exhibitions are very important to uphold country’s growth, as well as economy.

Under the dynamic leadership of our Hon’ble Prime Minister Sheikh Hasina, Bangladesh is likely to set the apparel export target at $37.42 billion for Fiscal Year 2019-20, with a 7.03% growth in export earnings. To achieve this target we need to focus more on value added, high-end apparel items rather than basic, traditional products to make the business sustainable throughout the fierce competition in the global garment trade.

Keeping the above in concern, there is no alternative of Exhibitions on these sectors & I, heartily welcome all participants & stakeholders approach to involve with BIGTEX as well as Bangladesh’s apparel industry for enhancing the manufacturing strength with new developed technology.

At present, there is an approximate US$ 210 billion valued knitwear market globally whereas in the fiscal year 2018-19Bangladesh exported only US$16.89 billion valued knitwear. In this sense, Bangladesh knitwear sector has immense possibilities and opportunities to grasp the big share of the global knitwear market. To make this happen in reality, Bangladesh knitwear sector needs to be restructured with cutting edge machinery, recently developed equipment, and cost effective raw materials such as fabric and yearn, dyes, pigment and environment friendly chemical so on.

I would like to congratulate, Redcarpet365 Ltd. for organizing the 5thBangladesh Intentional Garment & Textile Machinery Exhibition –BIGTEX 2019 scheduled to be held from 7 to 10 November 2019 at ICCB, Dhaka. Targeting the RMG industry of Bangladesh, there isan arrangement of more than 3 concurrent exhibitions under one platform, named as Bangladesh Int’l Fabric & Yarn Expo, Bangladesh Int’l Printing, Packaging & Signage Expo& Bangladesh Int’l Dyes, Pigments, and Chemicals Expo at the enterprise level. I am hopeful that this expo will surely help our entrepreneurs to be introduced with the cutting edge machinery, equipment, raw materials and other production accessories and bring their production efficiency with increasing competiveness which leads to raising the volume of export as well.

Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA) is proudly involving as an ‘Associate Partner’ with BIGTEX & guiding them to promote the Knitting Industry of Bangladesh.

I am very glad to know that, Redcarpet365 Ltd is organizing 5th edition of BIGTEX, held from 07 to 10 November 2019 at ICCB, Dhaka. Garment & Textile machinery, equipment, technology & accessories manufacturer, dealers & suppliers from home & abroad have participated at this comprehensive exhibition. Targeting the entire Textile, Garment & Apparel industry of Bangladesh, they have 3 more concurrent exhibitions Bangladesh Int’l Print, Pack & Sign Expo, Bangladesh Int’l Fabric & Yarn Expo & Bangladesh Int’l Dyes, Pigments and Chemicals Expo.

Rising garment shipments to new and emerging Asian markets such as India, China, Korea and Japan have also contributed to the higher earnings. But to keep this growth in continuation basis the Industry needs proper updated and more sustainable Technology, Machinery, Raw Materials, Yarn, Fabric, Dyes & Chemicals in regular basis.

In this fearless competition in global apparel consumption, organizing this kind of exhibitions are very important for Bangladesh to reach the certain goal and explore new markets and diversify the production.

Mr. Tipu Munshi, MP Minister, Ministry of Commerce Government of the People’s Republic of Bangladesh Mr. A. K. M. Salim Osman, MP President Bangladesh Knitwear Manufacturers & Exporters Association Mr. Faruque Hassan Honorary Consul General of Greece to Bangladesh President of DBCCI Ex Senior Vice President, BGMEA & MD of Giant Group

Testimonials from Industry Leaders

I believe, BIGTEX-2019 (Bangladesh International Garment & Textile Machinery Exhibition), organized by Redcarpet365 Ltd., will help Local & Foreign Manufacturers, Dealers & Suppliers to showcase their products, whereas Bangladeshi Garment & Textile Factory Owners & Apparel Exporters can be benefitted as well.

What local apparel sector needs right now is a support from the government policies and the focus should be on developing new product base, which will lead the fastest growing industry to achieve a $50 billion export target by 2021. Now we need to focus more on value-added items & new Markets for export, along with increased employment of local skilled employees from Bangladesh. This kind of collaboration is very important for Bangladesh to reach to the optimum goal.

I am sure such exhibitions will play an important role to demonstrate the latest type of machineries, technologies, dyes/chemicals, yarns, fabrics & will provide an opportunity for our experts, engineers & technicians to have practical knowledge of the recent technological advancements available and that also, without going abroad.

Engr. Md. Shafiqur Rahman, CIP

President – The Institution of Textile Engineers & Technologists (ITET), Bangladesh

Managing Director, HAMS Group of Industries

I congratulate, Redcarpet365 Ltd for organizing BIGTEX – Bangladesh’s International exhibition on Garment & Textile Machinery/ Printing & Packaging Machinery / Yarn & Fabric / Dyes & Chemical, held from 07 to 10 Nov 2019 at ICCB, Dhaka.

Garments Accessories & Packaging Industry of Bangladesh, the backward linkage industry of RMG sector, earned US$ 7.15 billion during FY 2018-19. If this sector gets policy support and cooperation from government, the earning should likely to be increased up to US$ 12 billion by the end of 2021. Total investment of this sector is about US$ 36 billion & value addition is near about 40 percent. I believe, this expo will help local & foreign manufacturer, dealers & suppliers to showcase their products, where Bangladeshi Garment & Textile Factory Owners & Apparel Exporters can get in touch with them.

I am sure these exhibitions will play an important role with the latest machineries, technologies, dyes / chemicals, yarns, fabrics, trims & accessories available for Bangladesh. These Exhibitions will also provide an opportunity to our experts, engineers & technicians in the field of textile to have practical knowledge on recent available technological advancements without going abroad.

Mr. Syed Nurul Islam Chairman & CEO, Well Group Adviser, Redcarpet365 Ltd

I am very much delighted to be the part of 5th edition of BIGTEX 2019 organized by Redcarpet365 Ltd. Targeting the entire Textile, Garment & Apparel industry of Bangladesh, they have 3 more concurrent exhibitions Bangladesh Int’l Print, Pack & Sign Expo, Bangladesh Int’l Fabric & Yarn Expo & Bangladesh Int’l Dyes, Pigments and Chemicals Expo, that will run from 7 to 10 November 2019, at ICCB, Dhaka.

Well Thread a concern of Well Group is participating in this expo as Powered by Partner & creates important role in the betterment of this industry. Well Thread is the first local brand of industrial Sewing Thread in Bangladesh produced under integrated production facilities such as SPINNING, TWISTING, DYEING, LUBRICATING & CONING. 40000 spindles of spinning units, supported by Japan origin Nara DX8 drawing, Murata L-166 Auto coner and Murata two-for-one twisting machines, Schlafhorst PPWS soft winders can produce about 600 MT of 100% spun polyester yarn of sewing Thread in different counts per month.

The increase of duty on Chinese imports by India; the trade war between China and the US may both help exports from Bangladesh and bringing new investments to Bangladesh.

Md. Abdul Kader Khan President Bangladesh Garments Accessories & Packaging Manufacturers & Exporters Associations

79% Exhibitors Participation Target Reached to Satisfying Level

92%

Exhibitors were Delighted with Class & Number of Potential Visitors

90% Exhibitors are Willing to Participate in Next Editions

83%

Exhibitors were Pleased with Support Services of the Organizer & Overall Management

Assessment by Exhibitors

Its really nice to have versatile visitors from more than 15 Industry. Where the mark up for Exporters, Agents, Suppliers are noticeable. Also seen keen interest of Textile, Garment, Knitting & Manufacturers along with Print / Dyeing Industry.

Analytical Research – Industry of Visitors

Its really great to see that Exhibitors also putted effort on bringing visitors beside Organizer. Newspaper Adv 26.25%

32.30%

Trade Publications 5.20%

Business Associates 7.35%

Others 0.55%

Analytical Research – How we reached Visitors

Invitation

By Exhibitor’s Invitation

organizer’s

10.55% Email 9.55% Social Media 8.25%

Analytical Research – Visitors visited for below purpose

Int’l Exhibition on Yarn, Fabric, Trims & Accessories

Manufactures, Suppliers & Exporters

Fabrics, Yarn, Denim

Trims & Accessories, Non Woven are Getting Good Response.

Research – Visitors Interest

Analytical

on Products

Exhibition Picture Collage

Picture

Exhibition

Collage

Exhibition Picture Collage

Exhibition Picture

Collage

Garment & Textile - Knowledge & Innovation Corner

Garment & Textile - Knowledge & Innovation Corner was placed at the expo. As we are working for the development of the Garment & Textile Industry of Bangladesh. Knowledge & Innovation Corner is very crucial as the future Industry Leaders, Merchandisers, Designers & Technical Personnel's will be from these institutions & can get in touch with the recent updated Machinery , RAW Materials & updated Technologies.

Renowned Universities, Fashion & Technology Institutions have participated & showcased their recent developments on Garment & Textile Industry done by teachers and students. They also provide the quality education details to the local and international exhibitors and visitors.

Among them BGMEA University of Fashion & Technology (BUFT), Daffodil International University, National Institute of Textile Engineering And Research (NITER), Northern University Bangladesh played vital role and cater more attraction.

A Panel Discussion on “Bangladesh Textile Industry & Industry 4.0”

A Panel Discussion on Bangladesh Textile Industry & Industry 4.0 held on Saturday, November 08, 2019 at Hall 1 of International Convention City Bashundhara, ICCB

Textile Focus & Redcarpet365 Ltd jointly organized “TexTalk” - Talking about Textiles, A panel discussion session on “Bangladesh Textile Industry & Industry 4.0”.

The panel discussion was moderated by – Prof. Dr. Engr. Md. Humaun Kabir, Pro Vice Chancellor, Northern University Bangladesh while the key note was presented by Maeen Md. Khairul Akter, Managing Editor of Textile Focus and Lecturer, Department of Textile Engineering Management, Bangladesh University of Textiles (BUTEX) with a presentation on “Bangladesh Textile

Industry & Industry 4.0”. 1. Mr. Faruque Hassan Honorary Consul General of Greece to Bangladesh & Managing Director, Giant group 2. Engr. Md. Shafiqur Rahman, CIP President ITET MD , HAMS Group 3. Mr. Syed Mohammad Ismail Country Head, Archroma (Bangladesh) Ltd. 4. Md. Abdur Rashid Managing Director, SGS Bangladesh Ltd. 5. Dr. Md. Mahbubul Haque Prof & Head, Department. of Textile Engineering, Daffodil International University 6. Prof. Dr. Engr. Md. Humaun Kabir Pro Vice Chancellor, Northern University Bangladesh Panel Discussant were Mr. Maeen Md. Khairul Akter Managing Editor, Textile Focus Faculty, Department of Textile Engineering Management, BUTex

A Panel Discussion on Bangladesh Textile Industry & Industry 4.0 held on Saturday, November 08, 2019 at Hall 1 of International Convention City Bashundhara, ICCB

Discussion on “Bangladesh Textile Industry & Industry 4.0”

A Panel Discussion on Bangladesh Textile Industry & Industry 4.0 held on Saturday, November 08, 2019 at Hall 1 of International Convention City Bashundhara, ICCB

Mr. Faruque Hassan thinks, it’s time to discuss about present and future scenario of our textile and readymade garment sector. During last 20 years, very few new improved and value added products have been introduced, though we are in good pace of business track. Only 1-2% of raw cotton, basic core material of garments is produced in our country, rests are imported from other countries. In this condition still we are in 2nd largest garments exporters country. Our industry is always facing challenges, now those challenges has turned into crisis. In this situation industry 4.0 revolution is very much important to mitigate those crises. In order to create new market industrialists, technical persons, textile engineers, all have to prioritize new product design research and development. Coming out from basic product we must focus on special products like geo textile, industrial textile combining with jute products. Use of man-made fiber can help to improve our negative growth condition. Incentives for manmade fiber based product can take our industry export just as for cotton from 700 million $ to 6 billion $. Without Govt. support and ethical fair price from buyer, it would be tough to sustain new factories and as well as our garments industry.

Textile Industry

Discussion on “Bangladesh

& Industry 4.0”

‘Challenges’ in RMG is now turning into ‘Crisis’

Discussion on “Bangladesh Textile Industry & Industry 4.0”

Skilled manpower is the ultimate strength of our industry

A Panel Discussion on Bangladesh Textile Industry & Industry 4.0 held on Saturday, November 08, 2019 at Hall 1 of International Convention City Bashundhara, ICCB

Engr. Md. Shafiqur Rahman said, Textile industry- the highest contributor to our economy is now at low ebb and textile leaders are tensed about ongoing huge factory shutdown incidents. Decreasing of sales volume relative to high production volume is the main cause of factory shut down. Diversified product launching, usage of manmade fibre, prioritizing small industry and skilled manpower can be the ultimate solution to overcome this tough situation. He believes, Bangladeshi entrepreneur are highly talented to adapt with any sustainability issue very firstly. Engagement of Government initiative can help the industry more to sustain. Already Govt. has established more than 40 textile institution comprising of B.Sc. and Diploma education. He urged to Government for ensuring quality education with updated curriculum and adequate research scope. He also raised his voice assuring proper honor for the Textile Engineers and stands for CADRE facility in Bangladesh Civil Service (BCS).

Discussion on “Bangladesh Textile Industry & Industry 4.0”

Industry 4.0 is about networking & navigation, partnership collaboration and supporting each other

A Panel Discussion on Bangladesh Textile Industry & Industry 4.0 held on Saturday, November 08, 2019 at Hall 1 of International Convention City Bashundhara, ICCB

Mr. Ismail disclosed his concern regarding crucial moments our industry passing at present. “We must realize the global impact of Industry 4.0 as a nation & also as an industry leader. If we fail to understand it then our industry can be shifted to other countries undoubtedly” said Mr. Ismail. During last 8 years in Europe per garments cost decreased almost 17% just by adopting industry 4.0 & using technological advancement. Artificial intelligence (AI) gives compound effect and makes big data navigation which makes panic in our industry. But our industry already has started moving with new terms. Few years ago our country was highest purchase destination by 47% buyers. According to 2019 report result has been declined. So the situation comes to a conclusion that buyers are thinking, it’s not about offshoring, not about nearshoring, it’s about on shoring. He expressed some responsibilities from technical head, marketing head and knowledgeable society to help industry by supporting knowledge. Otherwise not only industrialists but also whole society will suffer a lot.

Image crisis, an unpleasant truth about Bangladesh

A Panel Discussion on Bangladesh Textile Industry & Industry 4.0 held on Saturday, November 08, 2019 at Hall 1 of International Convention City Bashundhara, ICCB

Mr. Rashid shared his experience, when a company from other country make business plan with Bangladesh, they fear thinking, “they would get right product at a right time or not”. It happens because of our image crisis. He said, Global companies like SGS Bangladesh Ltd. whose core activity is to ensure foreign buyer right manufacture from our country so that they will get right product at right time can play strong role to develop our industry image. Being concern and Liable to our textile society. Mr. Rashid offered the opportunity to visit SGS modern testing Lab and some free training course on global textile testing procedure for textile students from different universities who are studying textile engineering all over the country.

Discussion on “Bangladesh Textile Industry & Industry 4.0”

Automation doesn’t stimulate worker dismissal

A Panel Discussion on Bangladesh Textile Industry & Industry 4.0 held on Saturday, November 08, 2019 at Hall 1 of International Convention City Bashundhara, ICCB

Dr. Mahbubul Haque said automation is spreading all over the industry, but it doesn’t mean we need no workers. In this case he inspirits nothing to fear. Industry can’t be imagined without human workers. We obviously need more human but now highly skilled with technological and technical knowledge. He forced in his speech to focus on spinning & weaving and producing our own skilled expert to make the industry more sustainable. In universities there must be introduced latest technological improvement techniques.

ABOUT ORGANIZER

Redcarpet365 Ltd, is the leading integrated marketing agency & exhibition organizer of Bangladesh. We promote Int’l trade and industry with subsidiaries, joint ventures, associates and partners in several countries, with our global HQ in Australia. We connect people from all over the world through Branding, Creative Support, Marketing, B2B & B2C exhibitions, events, road shows, seminars, conferences, virtual activities, webinars, indoor and outdoor campaign etc.

Among our foreign country partners – Canada, China, India, Indonesia, Japan, Malaysia, Morocco, Korea, Thailand, Turkey, Singapore, Sri Lanka, UAE & USA are working together for different program at home & abroad.

We have better access and direct cooperation with Garment & Textile Industry, Fabric & Yarn, Dyes & Chemical, Printing, Packaging, Signage, Paper, Plastic, Smart City, IoT – Internet of Things, Construction, Renewable Energy, Fintech, Telecom and other prominent industries.