It is a pleasure to present to you the latest copy of the magazine wherein Team AO, covering the recently concluded Fibres & Yarns exhibition, takes a look at the evolving yarn market in India, with Bangladesh becoming a focus market for exports. With over 60 companies showcasing their latest developments, the focus was on differential products and branding to stand-out in a market where basic yarn is a commodity and there is an overdrive to add capacity. The participation of Chinese companies at the show was visibly higher, reflecting the importance of India as a market for such companies. Meeting Syed Naved Husain, Group Director & CEO, Beximco Limited after 5 years, Team AO recalls his positive approach and faith in the potential of the industry, which is intact even today. One of the biggest changes, he says, is that manufacturers are not willing to work on ‘low cost’ as companies are today upgrading their technologies, improving facilities, moving to bigger premises, and are more vigilant on labour and safety issues. Best described by its rather catchy and appealing tagline, ‘Shape the Future’, Amber Group has a futuristic approach to everything it does, coupled with strong focus on sustainability that’s built on the principles of human welfare and development. AO catches up with MS Hasan, Director – Operations, to know about its growth strategy… Besides the above, our news and technology pages make the magazine worth readable.
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