Bangladesh weaves long trade ties with India

In the wake of the Synthetic and Rayon Textile Industry gaining momentum in India, the The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) of India in association with High Commission of India, Dhaka is organizing the fair tilted Intexpo Bangladesh 2016 at Pan Pacific Sonargaon hotel.

Mashiur Rahman, economic affairs advisor to the Prime Minister, is expected to inaugurate the exhibition. Vice-Chairman at SRTEPC Srinarain Aggarwal disclosed details about the event at a press conference in a city hotel.

A total 30 or exporting companies will display their latest range of textile items such as suiting, shirting’s, dress materials, embroidered fabrics, high fashion fabrics, furnishings, home textiles, made-ups like scares, stoles, shawls, laces, synthetic and blended yarns, fibres and garments etc. under one roof in Dhaka.

India supplies a wide range of items both in small and large volumes catering to high quality and at an affordable price. During the past five years, exports of synthetic and blended textiles from India to Bangladesh have reached from $137m in 2010-11 to $338m in 2014-15.

This two-day exhibition on Indian textile in Dhaka aims at establishing personal contacts for mutually beneficial business tie-ups, including possibility of having long term venture alliances with their Indian counterparts.

The leading markets for Indian synthetic textiles today are UAE, USA, Turkey, Brazil, Egypt, Bangladesh, Germany, UK, Italy, Belgium and so on.