Textile industry is one of the largest industries in the world. The textile industry in Bangladesh is the largest manufacturing industry, accounting for 80% of the country’s total exports. Bangladesh’s textile and clothing industry has grown rapidly in the last decade and has emerged as one of the most important players in the global textile market. One of the leading textile companies in Bangladesh is ELPRA21. This company has established itself as a reliable manufacturer and exporter of high-quality textile products. This article will guide you on how to start a textile products related business with ELPRA21 in Bangladesh.
Point 1: Understanding the Textile Industry in Bangladesh
The textile industry in Bangladesh is a major contributor to the country’s economy. The industry employs over 4.5 million people and accounts for 80% of the country’s total exports. The industry has grown rapidly in the last decade due to its low labor costs, favorable government policies, and an abundance of raw materials.
Bangladesh’s textile industry is divided into two sectors: the woven sector and the knit sector. The woven sector produces fabrics for shirts, trousers, and other apparel, while the knit sector produces fabrics for t-shirts, sportswear, and other casual clothing.
Point 2: Introducing ELPRA21
ELPRA21 is one of the leading textile companies in Bangladesh. The company was established in 2003 and has since grown to become a major player in the textile industry. ELPRA21 specializes in the production and export of high-quality textile products such as shirts, pants, and jackets.
ELPRA21 has a team of experienced professionals who work tirelessly to ensure that the company’s products meet international quality standards. The company’s production facilities are equipped with the latest technology and machinery to ensure that its products are of the highest quality.
Point 3: Choosing Your Textile Products
Before starting a textile products related business with ELPRA21, you need to decide on the products you want to sell. ELPRA21 specializes in the production of shirts, pants, and jackets, but they can also produce other textile products according to your specifications.
When choosing your textile products, you need to consider factors such as market demand, competition, and profitability. You should also consider the quality of the products and ensure that they meet international quality standards.
Point 4: Setting Up Your Business
Once you have decided on the textile products you want to sell, you need to set up your business. You will need to register your business with the relevant authorities and obtain all the necessary licenses and permits.
You will also need to secure a location for your business. You can either lease or buy a commercial space. When choosing a location, you should consider factors such as accessibility, visibility, and proximity to your target market.
Point 5: Finding a Supplier
After setting up your business, you need to find a reliable supplier for your textile products. ELPRA21 is an ideal supplier for your textile products as the company has a proven track record of producing high-quality products.
To find a supplier, you can search online directories or attend trade fairs and exhibitions. You should also conduct due diligence on potential suppliers to ensure that they have the necessary certifications and comply with international standards.
Point 6: Negotiating Your Contract
Once you have identified a supplier, you need to negotiate your contract. Your contract should specify the terms of payment, delivery schedule, and quality standards. You should also include a clause that allows you to inspect the products before shipment.
You should also negotiate the price of the products. The price should be competitive, but you should not compromise on the quality of the products. You should also agree on the minimum order quantity and the lead time for production.
Point 7: Marketing Your Products.
You can also plan your marketing like online marketing,off line marketing, social media marketing like Facebook business page, Instagram, Twitter, linkedin, Tumblr & any others social media marketing.
Also you can start email marketing for your products sale or your brand or your business promotion all over the world.
If you need any others suggestions for online marketing or digital marketing related then you can take some help from ELPRA21