CEMS-Global USA’s International `Yarn & Fabric series of Exhibitions’ have reached its accession in popularity around the world with the series exhibitions being organized by CEMS-Global in Bangladesh, Brazil, and Sri Lanka. After extremely 17th successful editions in Bangladesh, CEMS-Global presents the biggest and ONLY International Exhibition of its kind as `18th DIFS 2020 – 18th Dhaka International Yarn & Fabric Show 2020, the leading oldest & biggest series of Exhibition in Bangladesh on Yarn and Fabric industry related items and accessories.
Bangladesh is the second largest ready made garment (RMG) exporter country in the world. The primary textile sector is producing yarn and fabric needed for ready made garment sector and are the backbone of clothing industries because it provides the backward linkage for both the woven and knit sector. This sector provides the yarn towards the clothing industries where yarn is the primary raw material of these industries to produce fabric.
Strength of Bangladesh spinning sector :
(a) Competitive workforce- skilled manpower available at a lower cost.
(b) Bangladesh spinning factories mostly possess high-tech sophisticated machinery from Europe, Japan and US.
(c) Courageousness and resilience of local entrepreneur.
(d) Strong export oriented RMG sector- can supply yarn to the factories very fast; can provide great after sales services.
(e) Sufficient demand of woven and knit yarn.
(f) FDI (foreign direct investment) is legally permitted.
(g) In-house demand is increasing every year- demand for yarn for the locally sold clothing items are also potentially increasing.
Opportunities for Bangladesh spinning sector :
(a) Possibility of producing high value diversified yarn.
(b) Yarn export possibility creation by means of diversified yarn production and exploring new market opportunities.
(c) Now a day, investors come forward to research and development sector that causes the possibility of increasing economic social and environmental sustainability of the companies.
(d) Quality cotton production that decreases the dependency to the overseas for quality cotton.
(e) The opportunity of low grade value added product production because other competing countries are falling back from this sector.