- Why Bangladesh
- Trade Information
Mr. Munish Avasthi, Managing Director of Sportking, a prominent Indian textile conglomerate, held a meeting with Mr. Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), on October 12.
The meeting, held at BGMEA Complex in Dhaka, was also attended by Rashim Jindal, President (Marketing and Raw Materials) at Sportking.
The meeting revolved around various matters of mutual interest, with a special focus on fostering collaboration within the textile and apparel sector.
They discussed potential collaboration in meeting the growing demand for high-quality yarn, particularly man-made fiber-based yarn, in Bangladesh to manufacture high-value garments for international buyers.
During the meeting, President Faruque Hassan pointed to the improved regional connectivity between Bangladesh and India, especially the opening of new land ports to boost bilateral trade.
As geographical proximity and improved connectivity significantly reduces lead times and transportation costs, Fauruque Hassan underscored the importance of making use of the opportunity by the both sides.
He also emphasized on potential partnerships between Sportking and Bangladeshi manufacturers, aiming to collaboratively produce high-end garments with yarn supplied by Sportking for international buyers.
President Faruque Hassan requested Sportking to encourage their clients to consider sourcing garments from Bangladesh.
Such collaboration would benefit both sides, he added.