This year demand of green product such as biodegradable items and my planning is emphasizing on this product to wrap up 2023 perfectly

Our goal is to export $100 billion worth of goods by 2030

Cosmo Group” is the trusted name for Garment’s Accessories & Packaging sector in Bangladesh. Cosmo Group started Business in 1997 as a trading Business for Garment’s accessories. Their export rapidly growing for quality, in time delivery, competitive price, quick communication. Now Cosmo Group has Ten sister concerns and has become one of the largest manufacturers and exporters in the garment’s accessories & packaging Industry.

This group is now successfully led by Countries one of the youngest, talented Executive Director, Mr. Naeem Haider. Mr. Naeem is a visionary person and dreams of making COSMO GROUP as a world-reputed company. Recently Team Textile Focus talked with Mr. Naeem Haider regarding on Observation 2022 and Expectation for 2023.

Textile Focus: How are you observing 2022 for your business?

Naeem Haider: Many business owners considered about returning to normal operations after this pandemic, but it was extremely difficult because of the Russian-Ukrainian War and the fluctuating dollar exchange rate. But there was another problem with the supply chain. The focus this year was on keeping the business going. It goes without saying that this year has taught us how to construct strategy and implementing in a circumstance like this.

Textile Focus: What is your expectation and planning for 2023?

Naeem Haider: Many economists predicted global recession this year, we are still getting orders that are considerably better than 2022. My past experience leads me to believe that 2023 will bring better orders, but margins will be extremely competitive. We are watching the war in Ukraine as well as general economic concerns because Europe is one of our best market.

Our goal is to export $100 billion worth of goods by 2030, So we are now planning some growth by coming up with new product concepts, and purchasing higher technology machinery for the upcoming seasons. We are all aware that people’s tastes have evolved. Moreover this year demand of green product such as biodegradable items, recyle items and in short eco-friendly products demand getting so much higher that last year. So my planning is emphasizing on this product to wrap up 2023 perfectly.