• Sunday, May 31, 2020
  • Last Update : 05:32 pm

Innovate to stay in the game

  • Published at 02:50 pm January 11th, 2020
Design
Photo: BIGSTOCK

The market of the 21st century will be one that is ecologically aware, and sustainable

There is no doubt that our ready-made garment industry has been the driving force of our economic growth in recent times. It is the largest contributor to our GDP, it fetches billions in export earnings, and it employs millions of people, and steady creates jobs for the future.

But it is also true that the industry cannot take such successes for granted, especially as we move into a future where business practices are rapidly changing.

At a program held at the Bangabandhu International Conference Centre on the occasion of National Textile Day 2019, Prime Minister Sheikh Hasina made the observation that the industry needs to pay attention to diversification of products in the export basket, and to the evolving demands in the international market, when it comes to things like design and colour.

We must face the reality that buyers have an increasing number of options nowadays, and soon, Bangladesh may no longer have the advantages it once did. We can, however, stay relevant buy innovating, staying on top of changes to the market, making sure we are using cutting edge equipment, and of course, as the PM has suggested, diversifying our product basket.

These things will keep our economy going, and may one day propel us into the status of a developing nation, but the benefits go far beyond material wealth. As we evolve our textiles sector to become more and more environmentally conscious, we do our part to minimize waste, fight climate change, and protect the planet from harm. 

The market of the 21st century will be one that is ecologically aware and sustainable, and we need to get on board, or be left behind.

54
52
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail