ECO-FRIENDLY CLOTHING INVESTMENT OPPORTUNITIES IN BANGLADESH

     Doubts being cleared in the beginning, there isn’t anything as a hundred percent eco-friendly clothing, but, nonetheless, India’s neighbour Bangladesh has taken a brilliant step in minimizing the water intake and energy in clothing.

     Bangladesh is the second largest producer of clothing in the world and they export their eco-friendly clothing to majority of the developed nations with fifty nine percent to European Union, twenty six percent to United States of America and five percent to Canada.

     The brands of clothing that is manufactured in Bangladesh are H&M, Walmart, J.C. Penny, Benetton, Gap and Zara to name a few.

     The types of eco-friendly clothing Bangladesh manufactures are denim, knitwear, t-shirts, polo shirts, tank tops, ladies fashion wear, kids wear, sportswear, fleece wear, pajamas, shorts, casual bottoms(long and short), chinos in denim, chinos in non-denim, cut and sewn t-shirts, sweatshirts, jackets, hoodies, turtlenecks, strap tees, trousers.

     Stores selling eco-friendly clothing of Bangladesh in USA include Nike, Under Armour, Lululemon, Athletica, Lands End, Columbia Sportswear and Gap to name a few. Retailers in Europe include Primark and Inditex. In India you can find them in Pantaloons, Reliance Trends (DnmX, Team Spirit, Performax, Reebok, Levis, Signature, John Players). In Bangladesh itself you can find them in Aarong, Cats Eye, Richman, Nogor Polli, Yellow, Ecstasy, Freeland, Dorjibari, LeReve, Kay Kraft, Anjan’s, Rang, Easy Fashion, Sadakalo, Texmart, Smartex, Trendz, Sailor to name a few.

     Rise in awareness about online shopping gives you access to Bangladesh eco-friendly clothing on the following websites viz.: daraz.com, priyoshop.com, bagdoom.com.

     The eco-friendly clothing industry helps the local economy as it provides employment to about 4.5 million people, especially women, and eighty percent of export earnings are got through this industry and makes around 12.36% Gross Domestic Product(GDP).(Source: Wikipedia- Textile Industry in Bangladesh).

     Shareholders of Walmart can hope for better days ahead as everyone is becoming environmentally conscious eco-friendly clothing coming out of Bangladesh is the in thing.

     Investing in the following companies of the eco-friendly clothing industry in the Dhaka Stock Exchange Ltd. would prove fruitful. Few of the companies listed include Desh Garments Ltd., Argon Denims Limited, Dragon Sweater and Spinning Limited, New Line Clothings Limited, Pacific Denims Limited.

     This news for investment opportunity is being provided by Ice Earth Bangladesh Page and not to forget Bangladesh is leading the world in providing eco-friendly clothing that would in the long run prevent our polar ice caps from melting and not cause harm to the environment. This can be achieved through sustained effort in adopting environmentally friendly steps in manufacturing of garments and apparels as it would require saving/planting more trees, saving water and also saving energy. As one is aware that increase in energy consumption requires more energy production and to meet this increased demand there is a certain amount of increase in pollution. Apart from this, brands are nowadays using more of environmentally friendly packaging than plastic carry bags. These small steps help in containing pollution of the water bodies as well as rivers and oceans and land where plastics become a major cause for water-logging and uprooting of trees. Imagine when such disasters lurk silently to occur on multiple locations globally. Such has been happening for several decades and only recently industries are undertaking eco-friendly steps to curb the same. Our efforts should be such that we contribute towards containing the global average temperature before global warming spreads its web.

This article contains views and opinions of our guest writer Rahul Rohan who is a pupil teacher at Amity University Lucknow and is in no way an attempt to cause any misconception among its readers.

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