Suits and blazers accept emerged as one of the best able value-added accoutrement items from Bangladesh as bounded entrepreneurs alternation their focus on avaricious a allotment of the $52 billion dressmaking market.
Bangladesh's men's dressmaking industry now exports $200 actor account of products, up from about $20 actor alike 3-4 years ago.
Even bristles years ago, there was alone one clothing accomplishment branch in Bangladesh.
Now, the cardinal is added than six, said Humayun Rashid, managing administrator of Energypac Fashions, one of the arch clothing exporters from Bangladesh. The aggregation ships accoutrement account $26 actor a year.
“We accept set a ambition to consign $100 actor account of accoutrement by 2021,” said Rashid. He said his branch in Gazipur is absolutely loaded with assignment orders from Western retailers.
To facilitate the accomplishment of the target, he has chalked up an amplification plan for abutting year.
The absolute workforce in Energypac's suit-making assemblage will be 4,000 abutting year, up from 3,100 at present.
“The amount accession in the accoutrement articulation is actual high,” he said.
The acid and authoritative accuse for accoutrement ambit amid $6 and $8 per assemblage admitting sometimes a dozen of T-shirts from Bangladesh are awash at $6.
The retailers pay amid $15 and $30 for a allotment of clothing from Bangladesh, Rashid said. Apart from China, Vietnam, India and Turkey, European countries like Italy, France, Portugal, Bulgaria and Romania accomplish accoutrement on an automated scale.
“But we accept a lot of anticipation in this specialised product. So we accept started training the workers as adroitness is a big amount in this product,” he added.
The UK, the US, Japan and Germany are the above consign destinations for accoutrement and blazers from Bangladesh. Swedish retail behemothic H&M and British banker Marks & Spencer are the above barter of accoutrement and blazers from Bangladesh, exporters said.
Asif Ibrahim, vice-chairman of Newage Group, addition arch accoutrement exporter, said he has accustomed blazer branch with his Hong Kong-based business accomplice at Ashulia three years ago.
The branch employs 1,200 workers and has assembly accommodation of 1 lakh pieces a month.
“I mainly consign accoutrement to the EU and the US,” Ibrahim said, abacus that he gets $10 to $12 for a blazer.
Like Rashid, he too is answer over accretion his suit-manufacturing band as China is progressively walking out of this segment.
“This has created ambit for Bangladesh,” he said, while citation a curtailment of accomplished manpower in this arising sub-sector as a barrier.
Similarly, Asif Zahir, a administrator of Ananta Group, a arch accoutrement exporter, said he additionally articles 1 lakh pieces of accoutrement a ages at his branch in Adamjee Consign Processing Zone.
“The clothing industry is a specialised one. It will booty time to be a above ambassador of suits, although we accept the buyers and technologies,” he said, abacus that the accoutrement crop a acceptable margin.
It is not accessible to accept $20 from a T-shirt but it is accessible to get added than $20 from a suit, Zahir added.
And yet the able area is disturbing to allurement in the calibration of advance that denim, addition value-added segment, has managed.
For instance, Kutubuddin Ahmed, administrator of Envoy Group, a arch accoutrement exporter, has no affairs to dive in to the clothing manufacturing. Instead, he is apperception on accumulation his denim accomplishment capabilities.
