DHAKA - The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has published a new report claiming that with the right level of investment, the country’s non-cotton apparel exports could be worth $42 billion by 2032, surging from its current level of $15.6 billion.
The findings are part of a study, ‘Beyond Cotton: A Strategic Blueprint for Fibre Diversification’, which was commissioned by the BGMEA to explore how the country’s apparel industry could benefit from scaling up its use of non-cotton fibres.