About Research and Development Cell
The Research & Development (R&D) at BKMEA was established in 2003 to improve the global position of Bangladesh's knitwear sector. Since its inception, the cell formulates policies and strategies and gives policy inputs to the government to enhance and sustain the competitiveness of the sector. As a part of its regular research activities, it publishes a bi-annual journal called Knit Communiqué, an annual report, Apparel Export Statistics of Bangladesh, and a quarterly, Knit Barta, in Bangla while simultaneously preparing and circulating articles, newsletters, and market briefs among the concerned stakeholders, including knitwear entrepreneurs, policymakers, and academicians in order to keep them updated on the sector’s various arising issues and opportunities.
R & D Cell and its Contribution to Knit Sector as well as BKMEA
In Bangladesh, one major obstacle to conducting effective research and making effective decisions in the knitwear sector is the scarcity of reliable data and information.
To address this issue and make strategic decisions regarding the sector, the dedicated research team at the R&D cell at BKMEA collects applying both field-level and reliable, authentic secondary data and information. Based on this collected data and information, the research team continues to work to identify the sector's strengths and weaknesses, the competitiveness position of the sector, and the potentiality of the sector. It also analyzes issues like WTO-related rules & regulations, trade facilitation, LCDs graduation, the national and international acts, rules and regulations regarding apparel trade, and various tariff and non-tariff barriers (NTBs), para-tariff that have possible implication on the knitwear export and design sectorial policy accordingly.
Furthermore, the R&D cell is actively helping explore new and emerging markets worldwide through market analysis, in addition to non-traditional markets like the EU (27), USA, UK, etc., to increase Bangladesh's knitwear exports and to diversify its markets. It has been found that countries like Australia, Japan, China, Russia, South Africa, Korea, India, Brazil, Chile, Mexico, and Turkey hold significant potential markets for the Bangladesh knitwear sector.
The Research & Development wing of BKMEA has also published a mammoth 2100-page book named “Global Buyers’ Information Directory”, where relevant country’s buyer’s information, tariff structure, product values, and economic situation have been accommodated to grab the opportunities of market expansion in upcoming days.
Major Activities of R&D
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• Publishing Regular Updates: The R&D cell of BKMEA focuses on contemporary and ever-evolving international trade and business rules and laws, as well as technological advancements in the textile and clothing industry in the global arena. Based on these, they publish policy in the form of policy briefs, findings, and various formats, including magazines, bulletins, press releases, etc.
• Active Participation in Policy Making Forum: Actively participates and contributes to national discussions on national budget, export-import policy, Trade facilitation, logistics and port policies for the betterment of the sector.
• Market Research: Conduct comprehensive studies to identify new and potential markets for Bangladesh's knitwear exports by analyzing market demand, consumer preferences, and current fashion trends. Tariff structures, and competitive pricing strategies for knitwear products. The research is intended to inform entrepreneurs, policymakers, and others concerning product and market diversification potential, thus enabling them to meet evolving market demands and tap into previously unexplored opportunities.
• Supporting the Greening the Knitwear Industry: Puts efforts in securing financing for sustainable factory developments through coordinating with government and donor agencies to support the greenization process of Bangladesh's knitwear factories.
• Research-Based Policy Suggestions: Provides analytical research that aids in crafting policies and strategies for sustaining the competitiveness of Bangladesh's knitwear sector in the international apparel market.
• Foreign Missions and Embassies: Maintains relationships with foreign missions and embassies, and Bangladesh commercial council wings abroad by offering and exchanging insights and facilitating discussions to enhance the knitwear sector market development.
• Jointly working with International Working Partners: Collaborates and engages in knowledge dissemination processes with international partners like GIZ, UNIDO, IAF, ADB, AFD, and relevant trade bodies at abroad.
• Policy Making Forum: Actively participates and contributes to national discussions on budget, export-import, and port policies to influence decision-making.
• Training & Workshops: Offers and participates in training programs and workshops on market analysis, export management, brand development, and more to bolster their expertise.
Accomplished works by BKMEA’s R & D Cell
The R&D cell strives to increase Bangladesh's knitwear exports. To this end, the cell works closely with government departments, agencies, and national and international agencies to conduct in-depth research and design long-term strategic plans for the sector's continued growth.
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