Tanvir Ahmed recognised as CIP consecutively from 2014 thedailynewnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailynewnation.com Daily Mail and Mail on Sunday newspapers.
Kutubuddin Ahmed, chairman of Envoy Legacy, Sheltech Group and Green Textile, and Tanvir Ahmed, his son and managing director of the three entities, have been recognised as Commercially Important Persons (CIP) for 2022 for their contributions to the textile and manufacturing industries
Garment exports to the US, the biggest market for Bangladeshi products, declined by around 25 percent year-on-year to $7.28 billion last year for a slowdown in imports by American fashion retailers and brands due to high inflationary pressure.
Bangladesh’s apparel shipments to the US declined 19.82 percent year-on-year in the January-July period this year in spite of a gradual improvement in retail sales.