One of the top trade associations in the country, the Bangladesh Paints, Dyes, & Chemical Merchant Association (BPDCMA), recently held a meeting to unveil its newly elected executive council for the 2024–2025 and 2025–2026 years. The 27-member council, which was presided over by Kamal Ahmed of M/S Rongdhonu Banijjo Bitan, addressed important issues that the nation’s chemical, paint, and dye sectors were experiencing.
The BPDCMA, which has more than 500 active members, is essential to the sector’s small and medium-sized business (SME) growth and sustainability. However, due to both internal and international economic pressures, many businesses are struggling with growing production costs.
Chairman Kamal Ahmed spoke at the ceremony and emphasised the urgent problem of rising raw material costs, which have been made worse by Bangladesh’s ongoing dollar scarcity.
Given these difficulties, Kamal urged the government to provide more policy support, focussing especially on SMEs, which he characterised as the foundation of the chemical, paint, and dye industries. He underlined the necessity of taking calculated steps to lessen the strain on these sectors and encourage long-term expansion.
The chairman also pushed for higher import taxes on chemicals and dyes, particularly those coming from nearby nations. Higher tariffs, he contended, would assist safeguard and advance regional manufacturers, level the playing field for homegrown producers, and stimulate regional investment and innovation.
The Cox’s Bazar effort by the BPDCMA is a big step in bringing together business leaders to work together to address shared problems. The group restates its dedication to encouraging collaboration among its members and supporting laws that guarantee the industry’s long-term survival.