Due to the pandemic situation, European Union and the world put the effort into textiles, clothes, footwear, and accessories supply chains, in the midst of an ongoing social and climate crisis. On another hand, the COVID has seriously impacted major manufacturing hubs (China, India, and Italy), leading to major supply disorders.
Mr. Kawsar Ahmed, CEO Fabrica BD Ltd. He is an international Trader, Fabric sourcing develop and supply to garments factories in Bangladesh from China . Recently he shared his opinion about recent scenario of RMG & backward linkage sector with Textile Focus .
Bangladesh is getting order for the basic platform of lower prices. Many of factories are good in production skills and maintaining quality good in high prices also. But quantity of exports are getting higher by the grace of low cost manufacturing units.
Key Points on recent challenges :
1,Need to subsidize the low budget factories and give them
2.To patronize other trades/suppliers related apparel manufacture with, like need to adopt easy bank loans fasciitis for them.
It’s very important to take a vital decision by the revenue department and central bank in Bangladesh is remittances to Bangladesh from China or other countries as commission by the commission agents those are working with rmg sectors/factories.
3.Need to take easy policies to get money in Bangladesh like low-income tax at source and relief the vat and easy investment facilities, thus more amount of USD can get into Bangladesh and it will help to increase enterprise and entrepreneurship.
4.We are facing huge big trouble in the Chottagram sea port. Still need 10-15 days to release the goods from the port in Chottagram which is very unfortunate unexpected and it ruins our import and rmg export sectors.
For us the supplier needs the policy to easy access of foreign currencies and for all rmg sector need easier for access of goods through port in Chottagram more faster.