Globally we are passing a very hard time which was not observed in our lifetime ever. More or less every industry is suffering. The textile industry is the main earning source of Bangladesh’s economy and a large portion of our population is directly involved in this industry. Textile Focus editor M A Islam Riyadh talked to different businessmen, and stakeholders regarding their observation and planning during the pandemic situation. Key discussion points are mentioned individually-
The most valuable use of time now will be to invest in the improvement of the management system and people efficiency
Md. Amanur Rahman, Managing Director, Dysin International Ltd.
Bangladesh’s Garment and Textile Industry has initially been hit hard with order cancellations due to Covid-19 Pandemic. In June, most of the factories opened up and we are seeing encouraging movement in sales of our chemicals, regaining up to 50-70% of the pre-covid period.
We are hopeful for better performance of our industry in coming months. This is due to the gradual opening up of businesses in our destination markets. Other factors that may contribute to the recovery and growth include promising export growth of PPE Gown and Mask and also possible shifting of business from other countries to Bangladesh.
Bangladeshi Industry can add value in terms of the development of technical capabilities for the production and testing of PPE Gown & Mask. It is also the right time to try new products and new destination markets. The most valuable use of time now will be to invest in the improvement of the management system and people efficiency.