BGMEA and SGCCI to collaborate on strengthening Bangladesh-India trade partnership

A delegation of the Southern Gujarat Chamber Of Commerce and Industry (SGCCI) led by its President Himanshu H. Bodawala called on BGMEA President Faruque Hassan in Dhaka on January 12.

They discussed possible collaboration between BGMEA and SGCCI to bring business communities of Bangladesh and India closer in order to explore trade opportunities and seize them.

Their discussions also focused on ways of increasing more direct business interactions between Bangladeshi RMG exporters and Indian textile manufacturers and raw materials suppliers to strengthen their relationship that would create a win-win situation for both sides.

They also talked about creating a platform to exchange knowledge and expertise in design, technologies, machinery, productivity etc, especially by linking BGMEA University of Fashion and Technology (BUFT) and Indian universities and fashion institutes and trade associations like SGCCI. 

BGMEA President Faruque Hassan said Bangladesh and India were in a well position to complement each other in RMG and textile trades. 

Since Bangladesh was strongly focusing on diversifying RMG product basket, especially to non-cotton and high-value items in order to move up the value chain, India having a strong textile industry which supplies manmade fibre could support Bangladesh, he said.

On the other hand, India was also a promising destination for Bangladeshi RMG exports which had witnessed rise in recent years, hence it created opportunities for both countries, he added.

The SGCCI delegation included Bhavesh M. Tailor, Secretary; Bhavesh Vallabhbhai Gadhiya, Treasurer; Amish H. Shah, Chairman, Overseas Expo; Harshal Bhagat, Co-chairman, Overseas Expo; and Ms. Binty Jahan, Bangladesh Representative of SGCCI.

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