|
Alliance Bedware
considers expansion
Alliance Bedware, the producer of FeatherTouch, a
brand of quality bedware and pillow cushions, is one of such
manufacturers, to benefit from an increase in the demand for quality
bedware and pillow cushions in Bangladesh. The company's Chief
Executive Officer (CEO) Sanaul Haque said that he is planning to
raise his company's productivity and has acquired an automatic machine
worth around US$75,000 from Italy. He hoped that this move would help
churn out mainly bedware and pillow cushions worth $5million next
year. The company's local turnover is around Tk 1.5 crore.
The main export markets are Europe and America,
he said, adding that Japan and India might be potential destinations,
as the manufacturers have received a significant number of orders from
those countries recently.
According to the findings of the survey report,
people are no longer interested in traditional pillow items, made from
local cotton because of high prices and gradual decline in cotton
output. He said China, Thailand and in some cases Pakistan are main
competitors in the international markets. Only China exports bedware
and pillow cushions worth $200 million per annum.
|