Bangladesh is hosting a yarn and fabric show from January 23 to 26. The aim is to introduce latest sophisticated yarn, fabrics, accessories and emerging technologies for textile and garment industries. Over 370 exhibitors from 22 countries are showcasing textile products that include latest trends and technologies in fabrics, accessories, ready-to-wear and industrial fabrics, innovative and smart fabrics and many more.

The exhibition will enable textile and apparel industry buyers to meet local and overseas textile and yarn manufacturers face to face for the best qualities and reasonable prices.

Bangladesh is recognised as a lower middle income country. The contribution of the industrial sector to national growth has been increasing. Considering purchasing power, Bangladesh is now the world’s 32nd largest economy. The garment sector contributed 81.23 per cent to total revenue in the last fiscal year. China is the top exporter of apparel products in the world while Bangladesh is in second place.

This year’s expo is taking place along with two concurrent exhibitions, Denim Show and Dye and Chem. There are seven garment factories in Bangladesh that are placed in the top 10 environmentally-compliant readymade garment factories around the world. The country has a target of reaching $50 billion in textile exports by 2021.