A two-day “Bangladesh Denim Expo” will be held in the capital on May 11-12 to showcase Bangladesh’s growth potential in the denim industry globally as well as share knowledge with international denim producers and buyers, reports BSS. Commerce Minister Tofail Ahmed will inaugurate the expo on May 11 while State Minister for Foreign Affairs Shahriar Alam will conclude the exposition on May 12 at the Radisson Blu Water Garden Hotel, says a press release. 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 chief initiator of the expo and managing director of Denim Expert Ltd, Mostafiz Uddin. “Our primary purpose is to create a platform for Denim stakeholders and to make Bangladesh as one Stop Sourcing Platform for denim industry, which could bring benefits to the entrepreneurs. Any surplus fund from the expo will be donated to a seed fund for establishing a Denim University in Bangladesh,” he said. 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 will take part in the exposition while the organisers are expecting good turnout of apparel entrepreneurs, businessmen, fashion professionals and stakeholders of the industry from Europe, USA, UK during the expo. A total of four seminars including a special one with titled “Made in Bangladesh a new Reality-vision 2021” jointly organised with Bangladesh Garment Manufacturers & Exporters Association (BGMEA) and Bangladesh Denim Expo will be held in the side line of the exposition. 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 presently 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 11-12 this year.
