Skip to main content

Bangladeshi products are getting international recognition

Image
By A Pro-Bangladeshi


Along with readymade garments sector; IT, ceramics, pharmaceuticals, footwear, banking and healthcare sectors of Bangladesh are increasingly grabbing attention of the international market. There are some key factors behind this such as top class training of human resources, export diversification, large foreign and local investments, adapting modern technology and the dynamic change in the local corporate culture.

Mizanur Rahman, Marketing Director of Square Pharmaceuticals stated in a discussion that a big number of their products are in a very high demand in the international market as it has the quality to compete with any recognized international brand.

Bangladesh is currently ranking at number 2 in the leading readymade garment exporting countries of the world. According to Mr Abdus Salam Murshedy, former president of Bangladesh Garments Manufacturers and Exporters Association, there are more than two hundred local apparel companies regularly exporting high quality products. Some companies are exporting top quality woven fabric as well. He stated that Bangladesh has the quality to compete with any other textile mills in Asia.

Senior Vice President of Bangladesh Association of Software and Information Services (BASIS), Shameem Ahsan, said in an interview that there are a few local companies who made their mark in the international market in software and IT sector. These companies have been competing with Indian, Chinese and American companies. A Bangladeshi IT firm named Reve System has sold its VoIP software solution products all across the globe. Tiger IT has completely taken over the biometric device market in Bangladesh overthrowing some big international names.

Bangladesh can export even more products and get more investments if issues like energy crises and frequent strikes can be taken care of. More international appreciation and acceptance are expected in the next five years time.
Labels:

Comments

Post a Comment

Popular posts from this blog

About Nasir Group

By The Economist
Nasir Group is one of the largest industrial conglomerates in Bangladesh. The industries include industrial glass, tobacco, printing and packages, light engineering, melamine. It is one of the leading industries in glass manufacturing sector of the country. The company started its journey in 1977. Now this group expands in every industrial sectors of Bangladesh like tobacco, melamine, printing and packaging and footwear. Recently it started producing energy saving light bulbs. Nasir group has a great role in socio-economic development of the country. Dominance in Glass Sector Glass is one of the products of Nasir Group of Industry. Nasir group has a vital role to make Bangladesh self-sufficient in glass sector. This company provides a large portion of glasses to meet country’s demand. Nasir group started float glass production in 2005. The company built its glass manufacturing factory in Gazipur at a cost of Tk.300 crore. Nasir Glass now holds more than 40 percent of the total mark...
Post a Comment
Read more

After Beximco Group, Square Group and Pran Group, PHP Family is coming up

By The Economist
Along with Beximco Group, Square Group, Pran Group, PHP Family is contributing immensely to the economic progress of Bangladesh. Beximco Group and Square Group are the top private sector players but companies like PHP Family are coming up. Sufi Mohammed Mizanur Rahman, an ex banker, established PHP Group which was later re-named as PHS Family. PHP Float Glass is a concern of PHP group and is the pioneer of glass industries in the country. Now PHP float glass industry is the largest glass producer. Ample success in Glass sector along with other indusial sector, PHP group is contributing much to the development of the country. PHP float glass industry limited is Chittagong based sister concern of PHP group. Built on 30-acres of land, with a total investment of Tk 300 crore, the PHP Float Glass Industry at Barabkunda of Sitakunda in Chittagong launched its commercial production in 2005.It produces various types of glass according to local demands. It produces clear-glass sheet of 2MM...
1 comment
Read more

Bangladesh's fashion industry

By The Economist
Fashion is a popular style or practice, especially in clothing, footwear, accessories and makeup. Fashion is a distinctive and often habitual trend in the style in which a person dresses up. Fashion industry is the product of modern age. In the past tailors and dressmakers were undoubtedly responsible for the innovation of fashion and changing fashion as well. Actually fashion depends on taste of people. For this reason fashion varies from region to region.  Before 20th century most of the dresses were handmade. At the beginning of 20th century fashion magazines were more responsible for adopting and changing fashion. But at present media, social network, fashion websites play the most important role for changing fashion. Though the people of Bangladesh have a unique fashion of their own, they also follow the fashion of many countries. For this there is huge opportunity for the fashion industry to grow. As a result, depending on the taste of Bangladeshi people a huge numbe...
1 comment
Read more