Hartal thrashes RMG sector: BGMEA,BKMEA,BTMEA concerned

Dhaka, Apr 23 (Priyo.com): The leaders and experts of the apparel sector are in a deep concern on the recent political turmoil the country is going through. Frequent hartals and other activities have whipped the ready-made garments (RMG) sector badly.

Businesses have to bear huge losses caused by frequent shutdowns, and as a move to save economy the apparel sector leaders renewed their request to political parties on Tuesday.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Bangladesh Textiles Mills Association (BTMA) jointly arranged the press conference to share the disastrous scenario of the ready-made garment industry following political instability.

“Relieve us from hartal…You’re not seeing our internal bleeding. It seems that the industry (RMG) is being strangulated to death,” BGMEA president M Atiqul Islam told the media at the BGMEA conference room.

He urged the political parties to resolve the political crisis politically as soon as possible to save the highest export-earning sector of the country.

The leaders said the economy and politics will have to move together and the country’s development is not possible by shattering the economy.

Speaking at the press conference, BKMEA president AKM Selim Osman said, “We’re surprised to see street politics and violence despite the existence of a democratic government. We urge all take initiatives to reach a consensus and relieve us.”

He said the businesspeople can only make requests but they cannot force or put pressure on the political parties on any issue.

BTMA president Jahangir Alamin said, “Political leaders will have to find out the mechanism to resolve their crisis politically. And it’ll have to be done very quickly.”

He said the political leaders realize it and hoped that they will help keep the wheel of the economy moving.

Loss per day

A one-day hartal hampers production worth about Tk 200 crore and export order worth US$ 25.65 lakh have been cancelled due to hartal while the amount of discount on the export was US$ 11.32 lakh due to the same reason.

The BGMEA president said the air shipment amount was Tk US$ 30.47 lakh and the shipment worth US$ 92.81 lakh got delayed due to hartal. “The data came from a survey on 32 factories.”

Foreign buyers moving away

The RMG buyers are not coming to Dhaka showing security concern. “At present, buyers are suggesting us to negotiate orders by going abroad. It’s the peak time to get orders. If we don’t get export orders, the factories will remain idle in the coming months,” BGMEA president Atiqul Islam said.

He said a message is being sent out that violence and death incidents are going on in Bangladesh and there is no political instability. “The country’s image is being tainted.”

Atiqul Islam also said the buyers are shifting their export orders to alternative destinations. “Recently, Vietnam saw 22 percent export growth while Cambodia 15 percent.”

The BGMEA president said Bangladesh can boost its export volume to US$ 50 billion if they get support from the government and a business-friendly environment. “We’re in the second position in the global apparel market. We’re trying to be the number one. To make that happen, we need support from all fronts.”

Comments

ralet's picture

There are less and less

There are less and less exporters on the market when it comes to fashion because there are many people that started their own companies in order to give to the people original pieces to wear. If you visit http://oftroy.com/ you will see an example of this that is quite popular. Fashion people don't want to wear the same stuff that the whole world is wearing and they are constantly searcing for unique pieces.

modhu's picture

There is no denying the fact

There is no denying the fact that such strikes would slow down the progress and would affect the business sector in a negative manner. However, now people no longer have to rely on regular stores to get their items, there are plenty of online outlets available which offer all sorts of products including branded items like Dr Martens shoes, you can now find awesome Dr Martens at Angry Young and Poor.

aferim's picture

People aren't that supportive

People aren't that supportive with the local manufacturers and this is manly because of the fact that everyone can sell and buy online no matter from which part of the globe are they. If you visit http://designer-jewelry.com/ you will find some really great pieces that can really brighten up you day and most of them are custom made.

Lamya Dalton's picture

There's no secret in the fact

There's no secret in the fact that the ready-made garments sector needs help and the government seems like the only option for these business men. Companies such as this one http://www.featherstore.com managed to offer some of the best clothes and accessories in order to keep their customers happy. But in matters of RMG the solution doesn't seem that simple especially because the economy has suffered serious damages. Hopefully, this is a temporary problem.

ralet's picture

One of the teachers of the

One of the teachers of the class I visited, Steve Casseno remembers the way he used to work in his early years.

ralet's picture

The incident was indeed

The incident was indeed unfortunate but this incident would certainly affect this sector in a negative manner. However, these days there is a great demand for exclusive clothing items and now buyers prefer buying such items from online stores like www.MadisonAveMall.com which offers elegant fur coats.

ralet's picture

Such incidents are really bad

Such incidents are really bad for the businesses, so the government has to take some steps to ensure that such things do not happen again. The business owners should consider trying new ways to reach out to the customers. They should try the live event screen-printing, they can find the information they need online at http://rival.events/live-event-screen-printing.

ralet's picture

It is true that people are

It is true that people are still feeling bad about the incident but that does not mean that they would choose this method to showcase their protest. However, these days most people prefer buying their clothes online including designer items, but always remember that special clothes need special cleaning, so make sure that you approach a good dry cleaning service provider like Alpian's Formal Wear Garment Care for cleaning these clothes. This company is also available online at http://alpiansgarmentcare.com/.

ralet's picture

There are many companies

There are many companies indeed who have problems with their production process and this is related to the economy which is having a breakdown in the past months. If you work in fashion for example, you can purchase the ostrich feathers wholesale or you can try some fabric outlets for your latest clothes collection.

ralet's picture

Kenkekey finished very last,

Kenkekey finished very last, and what it means is middle-class factory town.