The 10th Edition of YARN & FABRICS SOURCING FAIR (YFSF) is the best platform to explore the business opportunities in the 2nd Largest Exporter of RMG Industry in the world.
Bangladesh is the 2nd largest Ready Made Garments (RMG) exporter in the world after China. About 81% of its export earnings are coming from RMG. Textile and Apparel sector's contribution to Bangladesh GDP is around 20%. It is clear that main driving force of country's economy is this industry. Now Bangladesh is dreaming to have middle income country status by 2021, RMG will certainly play a crucial role in materializing the dream.
Bangladesh's growth potential has been recognized by many reputed analysts across the globe. Goldman Sachs includes Bangladesh in the "Next 11" emerging countries to watch for along with the BRIC countries (Brazil, Russia, India, and China) and JP Morgan lists Bangladesh among its "Frontier Five" emerging economies worth investing in (Source: The Daily Star). Many research and survey showed that Bangladesh will be the next hot spot for sourcing. As per McKinsey & Company's research; Bangladesh will be top sourcing country over next 5 years.
YFSF is the best marketing tool and the leading platform to move your business forward. With over 250 exhibitors from over 10 countries and with over 15000 visitors, YFSF is a comprehensive spectrum covering the entire industry in Bangladesh.