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Star Business Report
Sun Oct 9, 2022 12:00 AM Last update on: Sun Oct 9, 2022 12:06 AM
The furniture fair with more than 180 stalls of companies such as Regal Furniture, Hatil, Akhtar Furnishers, Navana Furniture, Partex Furniture, Nadia Furniture and Brothers Furniture is offering free home deliveries and discounts of up to 25 per cent. Photo: Amran Hossain
After a two-year gap for the pandemic, an annual National Furniture Fair kicked off in Dhaka last Thursday with manufacturers trying to woo customers with free home deliveries and discounts of 10 per cent to 25 per cent.
Organised by Bangladesh Furniture Industry Owners Association under the management of Design and Technology Center, this 17th edition of the five-day fair is open at the capital's International Convention City Bashundhara from 10:00am to 8:00pm.
There are 182 stalls of 34 organisations, including Regal Furniture, HATIL, Akhtar Furnishers, Navana Furniture, Partex Furniture, Nadia Furniture and Brothers Furniture.Kamruzzaman Kamal, marketing director at Pran-RFL Group, which exports products under its Regal Furniture brand, said they were offering discounts of up to 20 per cent and free home delivery.
"We manufacture furniture for all segments of customers at affordable prices," he said, adding that Regal Furniture was displaying office and home furniture at the fair.
The organisers said one aim of the event was to increase exports.
Export of furniture from the country has increased at a significant rate.
Furniture worth of $190.36 million was exported in fiscal year 2021-2022, 38.87 per cent higher than that in the previous year.
Currently, Bangladesh exports furniture to India, Nepal, the US, United Arab Emirates, Bahrain and Europe.
Talking to The Daily Star, Selim H Rahman, chairman and managing director of HATIL, one of the leading exporters, said their target was more about promoting the furniture sector through the display of new products of unique designs.
Industry insiders believe the combined annual sale of home and office furniture by both the organized and non-organized (informal) sectors was currently at around Tk 26,000 crore.
In contrast, it was only Tk 6,700 crore in 2012 according to a European Union report.