Md. Moazzam Hossain, CEO, Standard Clothing Industries Ltd.
At present global RMG market value is around 1000 billion USD. By exporting about 165 billion USD China is in top rank now. As you know, Bangladesh is holding 2nd position by exporting RMG products of 48 billion USD.
Alhamdulillah. We Bangladeshi are so grateful to almighty Allah. We have received following valuable gifts from Almighty Allah: –
- Workforce:
Here in Bangladesh, there is abundant and cost-effective workforce.
- Position in world map:
Our mother land is at very favorable position in the world map having suitable sea ports & Bay of Bengal.
- Availability of raw materials:
Here necessary raw materials can be arranged from domestic sources & neighbor countries easily.
Moreover, the highest number of LEED certified Green Factory is in Bangladesh. Beside this, there are a lot of fully compliance and semi compliance factories (around 8000) with many lacs skilled & trained employees. Despite of above-mentioned special & rare facilities we have captured only 11% of total RMG market. So, we have vast opportunity to expand our export business largely onward.
- Actually, assigned so called in charges of our country do focus to take merely the taste of the cream of RMG business. But none of us think of making Merchandisers. A Merchandiser is a shadow of business owner in a word. He is the highest responsible personnel & the most important decision maker of the industry. Around 84% export earning comes through RMG Sector. Factory managements want more and more RMG export orders for feeding of their production lines.
- Kindly be noted clearly, only merchandiser can bring export orders from overseas customers. Each year Bangladesh needs a lot of merchandisers. Overseas buyers also need more and more high salaried brilliant merchandisers for taking care of their RMG programs. But sorry to say that there is no public university in Bangladesh which can teach & create Merchandisers. So, we are requesting University Grant Commission to include the subject “Merchandising” in IBA of DU, JU, RU etc. From so called private universities we are not getting knowledgeable freshers.
So same time we (group of experience merchandisers & buying house owners) are trying to build up a specialized university named BARC Business University (BBU). It will try to create international standard Merchandiser.
