The Aditya Birla Group's umbrella brand Birla Cellulose, business, a pioneer in the pulp and high value fibres like modal and spun dyed viscose, who thinks these items can add extreme value to the products that is currently being manufactured in Bangladesh, organised a technical symposium at Hotel Le Meridian in Dhaka on Monday.

Dilip Gaur, managing director of Grasim Industries Ltd (a flagship component of Aditya Birla Group) and the business head of the group's pulp and fibre business, welcomed the guests and emphasised the need of the hour for collaborative arrangement with industry across value chain.

Rajeev Gopal, chief marketing officer of the pulp and fibre business, shared various collaborative initiatives of Birla Cellulose for business growth.

Industries minister Amir Hosain Amu graced the occasion as the chief guest while Indian high commissioner Harsh Vardhan Shringla was the guest of honour.

In his speech, the minister portrayed the rich heritage of Bangladesh and the importance of textile and RMG industry in the country. He also emphasised the need for design and product innovation, sustainability in operations and consumer value creation in the current competitive world.

Mr Shringla said that the manufacturing is 'increasingly' shifting to countries in the South and Southeast Asia due to the cost advantages offered.

Rapid economic growth and rising disposable incomes are contributing to fast growth in apparel consumption in the developing countries, he said, adding that India and Bangladesh need to work together to take advantage of these opportunities by creating and strengthening cross border value chains.

Encouraging growth of textile industry in Bangladesh can be supported by such value-added product.

During the technical session, technologists from Birla Cellulose discussed about various aspects of manmade cellulose fibre.