“Cosmo Group” is the trusted name for Garment’s Accessories & Packaging sector in Bangladesh. Cosmo Group started Business in 1997 as a trading Business for Garment’s accessories. Their export rapidly growing for quality, in time delivery, competitive price, quick communication. Now Cosmo Group has Ten sister concerns and has become one of the largest manufacturers and exporters in the garment’s accessories & packaging Industry.
This group is now successfully led by Countries one of the youngest, talented Executive Director, Mr. Naeem Haider. Mr. Naeem is a visionary person and dreams of making COSMO GROUP as a world-reputed company. Recently Team Denim Focus talked with Mr. Naeem Haider. The conversation is drafted below for our readers.
Denim Focus: How did you start your journey in this industry and as a young leader how are you observing the business?
Naeem Haider: Cosmo Group is the most reputed company in Bangladesh. And we are the pioneer in Garments accessories sector. I have stepped into this business being so inspired by my father. He is my idol. In 2017, when I just finished my HSC exam, my father told me, “You will take care of business after your graduation, but, if you start learning from now along with your study, then whereas after graduation your friends will search for the job, you will be able to create job opportunities for Bangladesh market.” Since then, I have started as Executive Director. That time I was maybe the only Executive Director who was that much young. Although I was designated Executive Director, however that time was my learning period. Within 6 months I captured all the business areas, starting from production to marketing, operation, management, etc. Now in 2021, I proudly say that I am in the country’s Top 10 Executive Director list probably my ranking will be between 1 to 3.
I learned about the Accessories industry and business from the root. When I started my career here, I used to stay office late at night and spent 5 days of the week. Rest 2 days I attended University to continue my study. I attended different seminars, exhibitions and always tried to learn. In 2018, when I first participated canton fair in China, I made my dream to be internationalized.
Denim Focus: How Cosmo Accessories is supporting the country’s RMG industry?
Naeem Haider: We have been supporting our RMG for a long time. We are the second largest RMG exporter, and our accessories industry supported a lot to achieve this position. We have set up new machines, technology so that buyer can source their required accessories like the label, gum tape, packaging cartoon, etc from us. Our quality, lead time and mechanism is our strength. We have earned the trust of our customers.
Despite the pandemic, we kept our production running. We ensure worker safety fully. Our CSR activity is so praiseworthy, we believe in the employer’s happiness. We prioritize worker women here in Accessories Company that is rare.
Denim Focus: What kinds of challenges do you face?
Naeem Haider: Our country’s accessory industry has developed a lot. We are working as nominated suppliers for many global reputed brands. Within the next decade we will add a new dimension to this industry, I believe. As a young leader, I have some observations from my point of view. Number one is, our Government should carefully consider and reduce VAT, TAX percentage on the import of raw material. If we want to promote our industry and export more, then we must reduce raw material costs. The second one is our accessories industry should be considered under the government’s incentive policy. A good financial support from Government can help us to expand globally.
Denim Focus: Any future plans?
Naeem Haider: The only plan I am dreaming of is to make Cosmo Group as a multinational conglomerate. We are also thinking about making our plant green-certified though we already have ISO, FSC, OEKOTEX, Sedex Certification. And in the future, we will try to make an industrial park so that we can create more employment opportunities.