DHAKA: A two-day exhibition of Indian man-made fibre textiles—Intexpo Bangladesh 2016—began at Pan Pacific Sonargaon Hotel in Dhaka yesterday. Mashiur Rahman, economic adviser to the prime minister, inaugurated the fair, Triune said in a statement. The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) of India in association with the High Commission of India in Dhaka is organising the exhibition.
Bangladesh Garment Manufacturers and Exporters Association, the Federation of Bangladesh Chambers of Commerce and Industry and India-Bangladesh Chamber of Commerce and Industry (IBCCI) are supporting the show. This is the ninth such fair in Bangladesh, according to the statement.
Adarsh Swaika, Indian deputy high commissioner in Dhaka; Shri Srinarain Aggarwal, vice-chairman of SRTEPC, and Dewan Sultan Ahmed, vice president of IBCCI, were also present. Thirty leading Indian manufacturing and exporting companies are displaying their latest range of textile items.
The exhibition aims to provide the textile and garment businesses a look into the quality and range of Indian fabrics and yarns and let establish personal contacts for mutually beneficial business tie ups. Indian man-made textiles worth nearly $ 6.4 billion are bought annually by international buyers from more than 150 countries. The leading markets for Indian synthetic textiles also include the US, Turkey, Brazil, Egypt and Bangladesh. In the past five years, exports of synthetic and blended textiles from India to Bangladesh have reached $338 million in 2014-15 from $137 million in 2010-11.
