Workflow
Textile and Ready - made Garment
icon
Search documents
TIE launches to drive innovation in Bangladesh’s textile sector
Yahoo Finance· 2026-01-28 11:34
Group 1: Core Insights - The TIE initiative aims to promote practical innovation across the textile and ready-made garment sectors in Bangladesh by engaging various stakeholders including factories, buyers, brands, and policymakers [3][6] - Industry groups such as BGMEA, BKMEA, and BTMA have highlighted challenges such as increased compliance costs, energy disruptions, and heightened competition, emphasizing the need for innovation to maintain competitiveness [2][6] Group 2: Leadership and Structure - The TIE steering board is chaired by Ehsanul Karim Kaiser, with ASM Tareq Amin as member secretary, and includes several other members [1][4] - Operational divisions have been established with Dr Md. Hasib Uddin overseeing the Innovation and Expo Wings, Prof. Dr. Ayub Nabi Khan leading the Research Wing, and Saiful Islam Khan managing the Self-Readiness Index and Recognition Wing [4][5] Group 3: Initiatives and Goals - The Innovation Wing plans to train 50 factories and 500 mid-to-senior professionals to foster an innovation-focused culture through targeted training programs [5] - The Research Wing aims to connect academia and industry to tackle operational challenges using applied research and data-driven methods [5] - TIE will introduce the Self-Readiness Index & Recognition Wing to help factories assess their innovation readiness and compliance, while also recognizing successful outcomes [6] Group 4: Upcoming Events - The Textile Innovation Expo (TIEx) is scheduled for late 2026 to showcase advancements in factory innovation and facilitate connections between solution providers and manufacturers [6][7] - Concurrent expos focusing on dyeing and printing innovation, as well as fibre, yarn, and fabric innovation, are planned for the same period [7]