Apparel Online Bangladesh Magazine January Issue 2019 | Page 52

RESOURCE HUB - 2018 < < ‘Intelligent Automation’ is what drives Vibemac < < TÜV Rheinland geared up for bigger market share in the Bangladesh garment industry December 2018 Acquisitions and mergers constitute an integral part of any corporate expansion. Today, acquisition has become one of the key business strategies employed by big business establishments. Earlier this year, when Chinese sewing technology pioneer Jack acquired 80 per cent stake in the capital of an Italian pioneer in jeans automation Vibemac for a total of EUR 23.2 million (US $ 28.6 million), it grabbed quite a few eyeballs in the industry. October 2018 The Testing, Inspection and Certification (TIC) industry in Bangladesh is becoming competitive by the day, since the soft goods business, mostly in apparel and footwear, is a huge and continuously growing opportunity market for players of the TIC fraternity. Of late, many new global players have entered the market, while the existing ones are gearing up with more services and better facilities. In this scenario, it is critical to differentiate and partner with customers to stay as the preferred choice of service provider for all TIC activities. TÜV Rheinland, a leading provider of technical services and a German giant in this segment, has recently added more space, equipment and services, with a new leader at the helm. Syful << Mohammad Islam Khan Managing Director, TÜV Rheinland Bangladesh Pvt. Ltd. Enrico Guerreschi Sales Director, Vibemac “…We tell people that Vibemac is one of the many brands in the market but the way we use technology in our machines is unmatchable. If I talk about labour-intensive countries such as India, Bangladesh and Vietnam, they cannot survive without automation in many fields be- cause of the lack of skilled operators in most of the areas. This is where the manufacturers need to put their hands in automation. Human intervention will always increase the sewing cycle time, but over the last decade, the cycle time has reduced drastically as I can see that the use of automation has increased.” 52 Apparel Online Bangladesh | January 2019 | www.apparelresources.com “The apparel industry is the biggest industry in the country and it is because of this sector that Bangladesh, today, is on the global map. Bangladesh offers competitive advantages in apparel manufacturing, second only to China…With our impeccable records in testing and our commitment to safety and quality, we support our customers as per our company norms and follow those guidelines to make them successful.”