[🇧🇩] India Out Campaign in Bangladesh

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And what about the other synthetic Material?

Bangladesh produces mostly Cotton apparel, Synthetic fiber (Rayon or Polyester, namely for Viscose Staple Fiber VSF and Polyester Staple fiber PSF) import is negligible but growing as percentage of Synthetic apparel produced is also growing.

See story below for import figures of VSF and PSF for last two years.

Spinning spindle capacity locally is sufficient to meet most local weaving needs. Bangladesh has 430 yarn manufacturing mills with total 13.17 million spindles and 0.23 million rotor heads as of 2019. These mills can produce 2,950 million kg of yarns per year. recently in the last two years, textile entrepreneurs have invested Tk 5,970 crore in 26 new spinning plants, adding more than 745,400 new spindles to their combined capacity.

So total spinning capacity stands at 14 Million spindles altogether which have mixed and all sorts of fancy yarns as products. To compare - total spindle capacity in India hovers around 50 Million spindles.

BD apparel sector should focus on MMF shift to boost export​

Textile Focus
ByTextile Focus
March 27, 2024

Mohammad Nurul Alam

Yarn Production 1

Bangladesh’s apparel sector aims to reach the USD 100 billion milestone by 2030 but to achieve a new mountain peak an overall diversification of products requires to focus on value addition. MMF (Man Made Fiber) products can help to multiply the value in exports and to grab a new marketplace. The various common and special synthetic fibers include acrylic, polyester, nylon, carbon fiber, spandex, and rayon. Almost half of all apparel exports worldwide are of MMF products while 42% are cotton-based garment items so no doubt, this a good opportunity for Bangladesh to step forward to earn more from the export of MMF products.

Worldwide MMF market size:


Data Bridge Market Research analyses show that the global synthetic fibers market, which was USD 65.53 billion in 2022, is expected to reach USD 93.91 billion by 2030, growing at a CAGR of 4.60% during the forecast period of 2023 to 2030. Some other sources said the global synthetic fibers market size is estimated at USD 69.81 billion in 2022 and it is expected to reach around USD 118.68 billion by 2032. Sources said Bangladesh exports only 24% of its apparel export in MMF quality and 76% is exported based on cotton-based garments.

Why is MMF quality gaining popularity:

The demand for synthetic fibers is growing because the quality is comparatively durable, cost-effective, and easy to wash. This quality product could provide a high comfort level during outdoor sports events and workouts. It has low absorbing rates and hence they are preferred over cotton for fabric production, and this has provided new growth opportunities for the global manmade and special fiber fabrics market.

In addition to this manufacturers are trying to produce fabrics with UV-protecting and moisture-resisting features. The growing demand for furniture and growing emphasis on home furnishing, automotive, clothing, and filtration is also increasing.

Polyester staples are used as a filling material in soft toys, sofas, and pillows because they can provide resilience and firmness. The category of home furnishing is anticipated to cast a share of around 14.5% in the years to come and so the boost up of the synthetic fibers market is being forecast to be bigger by manifold.

Bangladesh MMF import surge due to increasing demand:

Bangladesh local spinners imported 1.10 lakh tonnes of PSF at a cost of about Tk 1,243 crore in the year 2022 and 1.34 lakh tonnes of PSF were imported for around Tk 1,280 crore in 2023. According to data from the Bangladesh Textile Mills Association (BTMA) between January and April of the year 2023, Bangladesh imported 30,653 tonnes of PSF worth roughly Tk 330 crore.

Last year in 2022 the country also imported 92,898 tonnes of VSF worth about Tk 1,734 crore and 73,230 tonnes for Tk 1,265 crore in 2021. The data showed in the first four months of 2023 a total of 48,431 tonnes of VSF worth Tk 931 crore were imported. During the January- November period of 2023, Bangladesh imported 0.21 million tonnes of polyester and viscose fibers. As per data, the import was 13.39 % higher than the 0.18 million tonnes bought during the corresponding period of 2022.


Bangladesh’s situation in the MMF yarn production:


In the spinning sector, Bangladesh has around 430 mills that are operating various yarn out of which only around 27 mills are producing man-made yarn based on polyester quality. The production facilities for other man-made fibres like polypropylene, nylon, acrylic, etc. are yet to be established in the country or have a small phase of the facility. The yarn produced by the local mills can meet around only 20% of the country’s demand for the product of synthetic quality. Industry insiders believe if Bangladesh can invest in the backward linkage of the man-made textile value chain as well as improve technical expertise, the opportunity to capture the remaining 80% of the demand can be met and could save foreign currency.

Bangladesh Garment Manufacturers and Exporters Association President Faruque Hassan said at the event of Bangladesh Business Summit 2023 “Bangladesh’s apparel industry needs more investment in the backward linkage industry to develop a strong artificial fiber base as the global demand has been changing towards non-cotton and circular fashion products.”

In the same event Mohammad Ali Khokon, president of the Bangladesh Textile Mills Association, said “Clothing made of synthetic materials, technical textiles, and other diversified sustainable items could play a significant role in achieving $100 billion in export earnings from RMG by 2030.”

BGMEA wants cash incentives for the MMF-based garment:

To boost apparel export value BGMEA wants a 10% cash incentive for garment exporters who are making goods out of man-made fibers. Because the price of garment items made from man-made fibres is higher than those made from cotton. The demand has been delivered to the government by the written letter several times. BGMEA wrote to the government last year to provide a special allocation for the incentive because global demand for man-made fiber-based garments was higher than that for cotton-based ones.

In this regard, the BGMEA president said, “If the government pays more cash incentives, more investment will come to the sector and the country will be more competitive globally.”

“It will be easier to face the graduation challenges and if it is possible to pay the direct cash incentive to the garment exporters up to 2026 focusing the graduation. By that time, the sector will grow further, and the incentive might not be needed after 2026” said Faruque Hassan with the news media.

In conclusion, global demand for MMF-based apparel items has been growing because of uncertainty in cotton prices and production. So, this is high time for Bangladesh to work more on non-cotton fiber and similar quality to boost the apparel business.
 
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Bangladesh produces mostly Cotton apparel, Synthetic fiber (Rayon or Polyester, namely for Viscose Staple Fiber VSF and Polyester Staple fiber PSF) import is negligible but growing as percentage of Synthetic apparel produced is also growing.

See story below for import figures of VSF and PSF for last two years.

Spinning spindle capacity locally is sufficient to meet most local weaving needs. Bangladesh has 430 yarn manufacturing mills with total 13.17 million spindles and 0.23 million rotor heads as of 2019. These mills can produce 2,950 million kg of yarns per year. recently in the last two years, textile entrepreneurs have invested Tk 5,970 crore in 26 new spinning plants, adding more than 745,400 new spindles to their combined capacity.

So total spinning capacity stands at 14 Million spindles altogether which have mixed and all sorts of fancy yarns as products. To compare - total spindle capacity in India hovers around 50 Million spindles.

BD apparel sector should focus on MMF shift to boost export​

Textile Focus
ByTextile Focus
March 27, 2024

Mohammad Nurul Alam

Yarn Production 1

Bangladesh’s apparel sector aims to reach the USD 100 billion milestone by 2030 but to achieve a new mountain peak an overall diversification of products requires to focus on value addition. MMF (Man Made Fiber) products can help to multiply the value in exports and to grab a new marketplace. The various common and special synthetic fibers include acrylic, polyester, nylon, carbon fiber, spandex, and rayon. Almost half of all apparel exports worldwide are of MMF products while 42% are cotton-based garment items so no doubt, this a good opportunity for Bangladesh to step forward to earn more from the export of MMF products.

Worldwide MMF market size:


Data Bridge Market Research analyses show that the global synthetic fibers market, which was USD 65.53 billion in 2022, is expected to reach USD 93.91 billion by 2030, growing at a CAGR of 4.60% during the forecast period of 2023 to 2030. Some other sources said the global synthetic fibers market size is estimated at USD 69.81 billion in 2022 and it is expected to reach around USD 118.68 billion by 2032. Sources said Bangladesh exports only 24% of its apparel export in MMF quality and 76% is exported based on cotton-based garments.

Why is MMF quality gaining popularity:

The demand for synthetic fibers is growing because the quality is comparatively durable, cost-effective, and easy to wash. This quality product could provide a high comfort level during outdoor sports events and workouts. It has low absorbing rates and hence they are preferred over cotton for fabric production, and this has provided new growth opportunities for the global manmade and special fiber fabrics market.

In addition to this manufacturers are trying to produce fabrics with UV-protecting and moisture-resisting features. The growing demand for furniture and growing emphasis on home furnishing, automotive, clothing, and filtration is also increasing.

Polyester staples are used as a filling material in soft toys, sofas, and pillows because they can provide resilience and firmness. The category of home furnishing is anticipated to cast a share of around 14.5% in the years to come and so the boost up of the synthetic fibers market is being forecast to be bigger by manifold.

Bangladesh MMF import surge due to increasing demand:

Bangladesh local spinners imported 1.10 lakh tonnes of PSF at a cost of about Tk 1,243 crore in the year 2022 and 1.34 lakh tonnes of PSF were imported for around Tk 1,280 crore in 2023. According to data from the Bangladesh Textile Mills Association (BTMA) between January and April of the year 2023, Bangladesh imported 30,653 tonnes of PSF worth roughly Tk 330 crore.

Last year in 2022 the country also imported 92,898 tonnes of VSF worth about Tk 1,734 crore and 73,230 tonnes for Tk 1,265 crore in 2021. The data showed in the first four months of 2023 a total of 48,431 tonnes of VSF worth Tk 931 crore were imported. During the January- November period of 2023, Bangladesh imported 0.21 million tonnes of polyester and viscose fibers. As per data, the import was 13.39 % higher than the 0.18 million tonnes bought during the corresponding period of 2022.


Bangladesh’s situation in the MMF yarn production:


In the spinning sector, Bangladesh has around 430 mills that are operating various yarn out of which only around 27 mills are producing man-made yarn based on polyester quality. The production facilities for other man-made fibres like polypropylene, nylon, acrylic, etc. are yet to be established in the country or have a small phase of the facility. The yarn produced by the local mills can meet around only 20% of the country’s demand for the product of synthetic quality. Industry insiders believe if Bangladesh can invest in the backward linkage of the man-made textile value chain as well as improve technical expertise, the opportunity to capture the remaining 80% of the demand can be met and could save foreign currency.

Bangladesh Garment Manufacturers and Exporters Association President Faruque Hassan said at the event of Bangladesh Business Summit 2023 “Bangladesh’s apparel industry needs more investment in the backward linkage industry to develop a strong artificial fiber base as the global demand has been changing towards non-cotton and circular fashion products.”

In the same event Mohammad Ali Khokon, president of the Bangladesh Textile Mills Association, said “Clothing made of synthetic materials, technical textiles, and other diversified sustainable items could play a significant role in achieving $100 billion in export earnings from RMG by 2030.”

BGMEA wants cash incentives for the MMF-based garment:

To boost apparel export value BGMEA wants a 10% cash incentive for garment exporters who are making goods out of man-made fibers. Because the price of garment items made from man-made fibres is higher than those made from cotton. The demand has been delivered to the government by the written letter several times. BGMEA wrote to the government last year to provide a special allocation for the incentive because global demand for man-made fiber-based garments was higher than that for cotton-based ones.

In this regard, the BGMEA president said, “If the government pays more cash incentives, more investment will come to the sector and the country will be more competitive globally.”

“It will be easier to face the graduation challenges and if it is possible to pay the direct cash incentive to the garment exporters up to 2026 focusing the graduation. By that time, the sector will grow further, and the incentive might not be needed after 2026” said Faruque Hassan with the news media.

In conclusion, global demand for MMF-based apparel items has been growing because of uncertainty in cotton prices and production. So, this is high time for Bangladesh to work more on non-cotton fiber and similar quality to boost the apparel business.

Do you read the article before you post or not? Infact, the article you posted Exactly supports what I say.

Read bellow from your own post.

The demand for synthetic fibers is growing because the quality is comparatively durable, cost-effective, and easy to wash.

Bangladesh local spinners imported 1.10 lakh tonnes of PSF at a cost of about Tk 1,243 crore in the year 2022 and 1.34 lakh tonnes of PSF were imported for around Tk 1,280 crore in 2023.

According to data from the Bangladesh Textile Mills Association (BTMA) between January and April of the year 2023, Bangladesh imported 30,653 tonnes of PSF worth roughly Tk 330 crore.

Last year in 2022 the country also imported 92,898 tonnes of VSF worth about Tk 1,734 crore and 73,230 tonnes for Tk 1,265 crore in 2021.
 
Do you read the article before you post or not? Infact, the article you posted Exactly supports what I say.

Read bellow from your own post.

Well good. I stand corrected then.

The PSF and VSF imported is not just from India, it represents the total imported for that year.

And cotton imported is far larger in volume compared to PSF and VSF.

I think we have a language disconnect because I don't understand what you are trying to put forth.
 
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Well good. I stand corrected then.

The PSF and VSF imported is not just from India, it represents the total imported for that year.

And cotton imported is far larger in volume compared to PSF and VSF.

I think we have a language disconnect because I don't understand what you are trying to put forth.

There is a disconnect for sure.

But I don't remotely think its language.

@Guru Dutt is actually from the industry.

And unlike you, he does not pretend to be a gyan baba on stuff he knows little of.

Guru, would you like to share the true story of Bangladeshi garment industry post their tinpot revolution for the membership of this august forum?

Thanks.
 
There is a disconnect for sure.

But I don't remotely think its language.

@Guru Dutt is actually from the industry.

And unlike you, he does not pretend to be a gyan baba on stuff he knows little of.

Guru, would you like to share the true story of Bangladeshi garment industry post their tinpot revolution for the membership of this august forum?

Thanks.
well bhai as i said before these Bangladeshies are way too agresssive and way too egoistic for there own good and since they are now intoxicated by likes of Jamaat there Jiahaadi instinicts are getting there better off there logical side which they had when they were more calm and rational the virus started exploding in there genrations in last years of gen. Ershad or when Khaleda Zia became PM and since then it was snowballing

there garments industry progressed at the cost of Sri Lankas last Rajapaksa's ediotic antics at the behest of chinese that angerred western garment manfacturers ... i still remmeber ZIOVAMI womens brand in which i made very good money in sri lanka today they and more than two dozen of ther such brnds of south asia mostly india went to bangladesh

As they could hire skilled labour and set up & run garment manufacturing shops for almost 1.5th the cost of that in India and for western brands it was like a gold mine ..... and then all indian contractors jumped in ... westerners would just give contract to a indian company and there subsidarry in bangladesh will make money ....now this is where the problem started whith so called Bangladeshi Elite who hadrented there properties earlier to indian when after 2nd wave they knew the truth about the money trail that how indian buisnessmen are milking both western brands and bangladeshi labour but since indian buissnesses were backed by then shiekh hasin govt hence they started funding asocio political turmoil rest they say is history ... cheers doc
 
well bhai as i said before these Bangladeshies are way too agresssive and way too egoistic for there own good and since they are now intoxicated by likes of Jamaat there Jiahaadi instinicts are getting there better off there logical side which they had when they were more calm and rational the virus started exploding in there genrations in last years of gen. Ershad or when Khaleda Zia became PM and since then it was snowballing

there garments industry progressed at the cost of Sri Lankas last Rajapaksa's ediotic antics at the behest of chinese that angerred western garment manfacturers ... i still remmeber ZIOVAMI womens brand in which i made very good money in sri lanka today they and more than two dozen of ther such brnds of south asia mostly india went to bangladesh

As they could hire skilled labour and set up & run garment manufacturing shops for almost 1.5th the cost of that in India and for western brands it was like a gold mine ..... and then all indian contractors jumped in ... westerners would just give contract to a indian company and there subsidarry in bangladesh will make money ....now this is where the problem started whith so called Bangladeshi Elite who hadrented there properties earlier to indian when after 2nd wave they knew the truth about the money trail that how indian buisnessmen are milking both western brands and bangladeshi labour but since indian buissnesses were backed by then shiekh hasin govt hence they started funding asocio political turmoil rest they say is history ... cheers doc

Follow rhe money.

And the Hilsa.

And the lungi will unravel.

Cheers bhai. Aaj bade busy the lagta hai ...
 
well bhai as i said before these Bangladeshies are way too agresssive and way too egoistic for there own good and since they are now intoxicated by likes of Jamaat there Jiahaadi instinicts are getting there better off there logical side which they had when they were more calm and rational the virus started exploding in there genrations in last years of gen. Ershad or when Khaleda Zia became PM and since then it was snowballing

there garments industry progressed at the cost of Sri Lankas last Rajapaksa's ediotic antics at the behest of chinese that angerred western garment manfacturers ... i still remmeber ZIOVAMI womens brand in which i made very good money in sri lanka today they and more than two dozen of ther such brnds of south asia mostly india went to bangladesh

As they could hire skilled labour and set up & run garment manufacturing shops for almost 1.5th the cost of that in India and for western brands it was like a gold mine ..... and then all indian contractors jumped in ... westerners would just give contract to a indian company and there subsidarry in bangladesh will make money ....now this is where the problem started whith so called Bangladeshi Elite who hadrented there properties earlier to indian when after 2nd wave they knew the truth about the money trail that how indian buisnessmen are milking both western brands and bangladeshi labour but since indian buissnesses were backed by then shiekh hasin govt hence they started funding asocio political turmoil rest they say is history ... cheers doc

So - out of all the misspelled words and grammar mistakes, what I could make out was, Bangladesh Apparel industry's single most important success factor was Indian contractors and buyers. Indians good, Bangladeshis (closet Jamatis) are all ungrateful and bad.

Now that Indians are out, Bangladeshi apparel industry (2nd largest globally) will collapse.

OK - Thanks for your opinion.
 
Well good. I stand corrected then.

The PSF and VSF imported is not just from India, it represents the total imported for that year.

And cotton imported is far larger in volume compared to PSF and VSF.

I think we have a language disconnect because I don't understand what you are trying to put forth.

It is not something what I have written. They are quotes from your article.
 
So - out of all the misspelled words and grammar mistakes, what I could make out was, Bangladesh Apparel industry's single most important success factor was Indian contractors and buyers. Indians good, Bangladeshis (closet Jamatis) are all ungrateful and bad.

Now that Indians are out, Bangladeshi apparel industry (2nd largest globally) will collapse.

OK - Thanks for your opinion.
well lets put it this way

more than 85% of factories in Bangladesh were managed by indian fund managers .... who
1. invested there infra and capital in India over the year in gament industries then brought western clients and took there hefty orders of which majorty manufacturing was done in bangladesh to cut cost

2. all risks of raw material , quwality control and above all timely dilivery was on Indian investor

3. western clients were happy to get same quwality goods and on time and at compettive rates as they had no risks but only had to manage funds on time

now since that indian middle man is not there lets see how great bangladeshi mangement skills are in retaining all those clients since you guys have the infra , labour & of course WILL

i-am-nothing-seth-meyers.gif
 
well lets put it this way

more than 85% of factories in Bangladesh were managed by indian fund managers .... who
1. invested there infra and capital in India over the year in gament industries then brought western clients and took there hefty orders of which majorty manufacturing was done in bangladesh to cut cost

2. all risks of raw material , quwality control and above all timely dilivery was on Indian investor

3. western clients were happy to get same quwality goods and on time and at compettive rates as they had no risks but only had to manage funds on time

now since that indian middle man is not there lets see how great bangladeshi mangement skills are in retaining all those clients since you guys have the infra , labour & of course WILL

View attachment 11362

I agree. Bangladesh industry will collapse without Indian managers and illegal workers. All 26 lakh of them.
 
I agree. Bangladesh industry will collapse without Indian managers and illegal workers. All 26 lakh of them.
which illegal workers are you talking about ... those which paul vault into indian territorry or those which were settelled in Burma by british 80-85 years ago and are not allowed to return and resettle back in there place of origin ???? ;) :P
 
which illegal workers are you talking about ... those which paul vault into indian territorry or those which were settelled in Burma by british 80-85 years ago and are not allowed to return and resettle back in there place of origin ???? ;) :P
We are talking about the illegal Indians who come to Bangladesh to operate machines in textile mills and to offer their duty as tea boys. Most of the tea boys in Bangladesh have come from India.
 
We are talking about the illegal Indians who come to Bangladesh to operate machines in textile mills and to offer their duty as tea boys. Most of the tea boys in Bangladesh have come from India.
Never heard of this so called "TEA BOY" but for sure there are Indian technicians and managers on payroll of Indian Garment manufacturers that micro manage or used to micro manage when bangladesh was a livable place for logical buisness men & professionals

even In India there are many europeans specially in cutting edge high tech manufacturing of auto parts , engineering goods , electronicks and now semi conductors that there mother compnies keep here to train indian workers or micro manage smooth technical & financial oparations of the comapny ................... but Bangladeshies think and i have seen myself that since factories are on Bangla land with banladeshi workers how can all profit and high paying jobs are given or taken by Hindu Indians only ..... they do not want to understand that it is the moeny , mangement and the financial risk of same Hindu mangement thats given him employment...... same way communists destroyed west bengal now they have destroyed Bangladeshi textile industry ... Good Luck sirji
 
Never heard of this so called "TEA BOY" but for sure there are Indian technicians and managers on payroll of Indian Garment manufacturers that micro manage or used to micro manage when bangladesh was a livable place for logical buisness men & professionals

even In India there are many europeans specially in cutting edge high tech manufacturing of auto parts , engineering goods , electronicks and now semi conductors that there mother compnies keep here to train indian workers or micro manage smooth technical & financial oparations of the comapny ................... but Bangladeshies think and i have seen myself that since factories are on Bangla land with banladeshi workers how can all profit and high paying jobs are given or taken by Hindu Indians only ..... they do not want to understand that it is the moeny , mangement and the financial risk of same Hindu mangement thats given him employment...... same way communists destroyed west bengal now they have destroyed Bangladeshi textile industry ... Good Luck sirji
Bangladeshi textile mill owners use high tech machineries from Europe, Japan, and China. Our export oriented textile mills/garment factories never use low quality Indian machineries for sure. We see Indians in Home Textile sector only.
 

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