Owners and executives of over 300 sweater companies attend the event.
Ningbo Cixing Co Ltd (Cixing), a global leader in knitting machinery and technology, hosted the “Cixing Bangladesh Night Products Promotion Meeting” at a hotel in the capital on Tuesday.
The event brought together key industry stakeholders including the owners and executives of over 300 influential sweater production companies in Bangladesh.
BGMEA Fashion Technology University (BUFT), the well-known fashion school in Bangladesh, also attended to co-operate on facilitating the supply of high-end talent for the knitting industry.
In a significant move towards developing future talent, Cixing also signed a series of cooperation agreements with famous local companies, including BSKL, Knit Asia, Bettex, NEXUS, TWELVETEX, and SWEATERTECH, which marks a new chapter in the cooperative relationship.
Frank Sun, chairman of Ningbo Cixing Group, said that as the world’s leading provider of intelligent knitting equipment and digital knitting factory solutions, Cixing Group has been committed to promoting innovation and development in the knitting industry.
“We attach great importance to research and development work, with an average annual R&D investment of over $12 million in recent years to ensure the company’s sustainable development. Our technology, products, and services have spread all over the world. In 2023, nearly 30,000 units has been sold. Sales in 2024 are expected to be 40,000 units. Up to now, the global market share of Cixing products has risen to almost 30% with about 300,000 units in operation around the world,” Sun said.
“The chairman stressed that Bangladesh, as a major manufacturing hub for the global clothing industry, has always been our focus of attention,” said Sun.
“We believe that through our joint efforts, we can bring revolutionary changes to Bangladesh’s textile industry, enhance industrial competitiveness, create more job opportunities, and contribute to Bangladesh’s economic development,” he added.
Cixing’s efforts underscore a shared vision for innovation and excellence in knitwear production, marking a new chapter of cooperation and development for Bangladesh’s textile industry.
