Wazir undertook a study to map emerging opportunities in the non-cotton textile and apparel market and develop an implementation roadmap for the Bangladesh industry to tap the opportunity.
1 Analyze non-cotton product categories in terms of complexities, resources and trade volumes
2 Economic, demand and sustainability rationale of non-cotton apparel
3 Competitiveness in terms of products, technologies, skill, cost, and availability of other resources
4 Bangladesh and competitor review of fiscal and non-fiscal policies, including FTAs and other incentives available
5 Value chain analysis of non-cotton textile and apparel
6 Demand-supply gap analysis of Bangladesh non-cotton textile and apparel
7 Identification of challenges that limit Bangladesh’s potential to supply non-cotton products
8 Develop a roadmap or strategy for manufacturers, investors, policymakers, development partners, and other influencers
1 Key steps required to be taken by the industry to set-up non cotton value chain – investment, skill development, supply chain strengthening, tie-ups with international institutes, etc.
2 Focus product segments for the industry
3 Key success factors – global partnerships, product development focus, economies of scale, etc.
4 Policy changes or support required from the government side e.g. incentives and support infrastructure development
5 Target markets and buyers for short term, medium term and long term
6 Need for having a industry support centre in Bangladesh