The fashion industry is witnessing the advent of exciting new technology, which will not only change the future of the business but will also define the future of Bangladesh apparel industry, as the global buyers are moving towards the smart wear and tech driven producturs. As an apparel maker, Bangladesh has to exploit these opportunities, said. Mostafiz Uddin, the managing director of Denim Expert Limited.
Mostafix Uddin who is also the founder of Bangladesh Apparel Exchange is organizing the first ever Bangladesh Fashionology Summit in the capital. To get higher value products, they have to concentrate on tech-driven manufacturing. Global buyers do not want to teach Bangladesh to go into tech-driven manufacturing as they want to source basic and cheap products from here.
Their vision is to inform the Bangladeshi manufacturers about the latest technology to encourage to go investment. It will help them enter a new era of tech-driven manufacturing, ultimately taking Bangladesh to value added products.
In sports wear, the manufacturer has introduced technology, which absorbs sweat and gives comfort. The global market of technology driven clothing is about 150 million, where Bangladesh stake is about zero, he added.
As a result, they have to investment in such a factory which is not current and can manufacture higher-end products such as smart wear products. This will also increase the sectorâ€™s efficiency.
In the summit, the organizer will display tech-driven garments brought from different countries including Germany, France, Netherlands and the United kingdom to make manufacturers familiar with the technology.
In todayâ€™s tech-based industry, no one can deny the necessity of technology in the clothing industry as e-commerce and online sales are increasing every day, while technology is changing fashion trends.
Customers and fashion brands can be benefited by innovation of fashion technology as it helps get the update of the latest fashion trend as well as brands can reach their targeted clients. Relationship between technology and fashion industry will continue to grow and the manufacturers will have to adapt to satisfy brands and buyers.
Bangladesh Apparel Exchange is an initiative to promote the countryâ€™s ready-made garment sector, is going to organize the day-long international summit with the aim to attract a wide spectrum of fashion, technology and innovation stakeholders across the entire sector.
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