On September 4th, 2022, on the eve of upcoming bilateral meet between India and Bangladesh Prime Ministers, BGMEA, Indian Importers Chambers Of Commerce and Industries (IICCI) and SOWTEX signed an memorandum of understanding (MoU) to bridge the gap of textile sourcing for Bangladesh.
BGMEA President Faruque Hassan, IICCI Vice President (RMG) Jannatul Ferdous Nipa and Co-founder and CEO of Sowtex Network Pvt Ltd Sonil Jain inked the MoU on behalf of their respective organizations at BGMEA office in Dhaka.
Chair of BGMEA Standing Committed on Press, Publication and Publicity Shovon Islam, and Chair of BGMEA Standing Commitee on Trade Fair Mohammed Kamal Uddin were also present at MoU signing ceremony.
As per the understanding, they would host B2B Meets through events inviting prominent Indian textile suppliers and service providers to present their design collections and engage with Bangladeshi RMG and textile companies.
The first such expo of B2B Meet is planned at Hotel Radission Blu in Dhaka where 30 prominent textile suppliers would be joining with SOWTEX to network with top business owners along with their CEOs and sourcing heads to deepen long-term sourcing, innovation and technology exchange requirements.
More such meets would be planned under the joint collaboration in future as a regular basis.