The two-day Bangladesh Denim Expo ended in the capital spellbinding 400 audiences with a fascinating fashion show staging by ramp models wearing various designs of jeans clothing.
State Minister for Foreign Affairs ShahriarAlam concluded the expo at the Radisson Blu Water Garden Hotel on Tuesday night anticipating that local denim producers will be able to increase Bangladesh global market share for jeans to US$ 7 billion from existing US$3.5 billionby 2021.
The State Minister expressed his hope that the Bangladesh RMG sector will be able to crossed the 50 billion US dollar benchmark of export volume by 2021 that helps the government to achieve its goal to turn Bangladesh into a middle income one during celebration of the country’s 50 years of independence.
Shahriar thanked the organizers to arrange a single exposition focusing only denim and jeans products that is even unique across the globe.
Senior Secretary Hedayetullah Al Mamoon, Ambassador of Australia to Bangladesh Greg Wilcock, Ambassador of Switzerland to BangladeshChristian Martin Fotsch, BGMEA President Atiqul Islam, Managing Director of Denim Expert Ltd, Mostafiz Uddin also spoke on the occasion.
Twenty-five exclusive denim and jeans related manufacturers and enterprises from the USA, Spain, Japan, India, Pakistan, Thailand, Turkey, China, San Marino and host Bangladesh took part in the exposition.
A good numbers of turnout of apparel entrepreneurs, businessmen, fashion professionals and stakeholders of the industry from Europe, USA and UK also attended the expo especially exploring the B2B opportunities.
The primary purpose of the exposition was to create a platform for Denim stakeholders and to make Bangladesh as one Stop Sourcing Platform for denim industry. Surplus fund from the expo will be donated to a seed fund for establishing a Denim University in Bangladesh.
A total of four seminars including a special one with titled “Made in Bangladesh a new Reality-vision 2021” jointly organized with Bangladesh Garment Manufacturers & Exporters Association (BGMEA) & Bangladesh Denim Expo held on the sidelines of the exposition.
According to the industry insiders, Bangladesh is the second largest denim exporter in European markets while it is holding the third largest position in the USA market. Around 400 factories are exporting nearly 180 million pieces of denim jeans to the world.
Bangladesh currently has 25 denim producing factories with total investment of over $834 million. Bangladesh Denim Expo will showcase there Next Exhibition on November 11-12th this year.