Textile Industry is the main foreign remittance earning sector for Bangladesh. This industry suffered a lot during the COVID -19 pandemic. Now the industry is trying to recover the gaps. According to many sources it is evident that most of the export-oriented garments factories are packed with business orders up to April 2022. Team Textile Focus talked with different factory owners regarding how to capitalize on this situation and what is the way forward to ensure maximum profit out of it. Mahbubul Arefin Chowdhury Abir, DMD, AJ Group shared his views-
This is a welcome change for our businesses. However, we must be wary of our factories being overbooked and rely heavily on proper planning. We also have to consider potential lockdowns in China and how it may affect our supply chain.
Many customers are now coming out of China and Vietnam to Bangladesh. It is up to us to be a reliable sourcing destination and to nurture good strategic relationships with them for the long term.