With a objective to streamline provide of world class cosmetics and skincare merchandise, Remark HB Limited, one of many main magnificence merchandise producers, has not too long ago established the nation’s very first full-fledged cosmetics {industry} and skincare research centre in Munshiganj, mentioned a press launch.
According to the spokesperson of the corporate, Remark desires to firmly set up their place as one of many prime cosmetics and research centres globally, and they’re hopeful it is a step in the fitting route.
Remark LLC is an US affiliated organisation. The mother or father firm is already closely investing in Research and Development to fabricate world finest magnificence and residential care merchandise.
The firm is already testing merchandise from the US and Europe to make sure compatibility with not simply the climate of our nation, but additionally particular pores and skin varieties and buyer calls for accordingly.
Veteran make-up artist and coach Saleha Sarowar mentioned, ‘We undergo from an abundance of low-quality beauty merchandise in the market. Despite an enormous demand for color cosmetics, there’s a lack of high quality producer and product line, which could be very unlucky.’
When it involves native producers, the standard requirements are very low.
As a end result, prospects are consistently dealing with harassment and confusion.
On the opposite hand, the cosmetics {industry} in Bangladesh is usually depending on imports.
However, malpractitioners are consistently avoiding obligation paying obligations, which is harming each the federal government in addition to the folks.
Considering all of those components, Remark’s initiative positively deserves the reward.
Renowned economist Ahsan H Mansur thinks that, whereas the RMG {industry} is the biggest supply of export earnings, we should always look to seek out alternate options to minimise our dependence on this particular sector.
Instead, we should always emphasise extra in industries like chemical, IT, electronics and cosmetics, all of that are extra technology-friendly.
In reference he talked about that in 1990 each Bangladesh and Vietnam had web export quantity of $1 billion.
Fast ahead to 2021, Vietnam recorded a powerful $336.25 billion in export earnings, in comparison with our $44.22 billion solely.
To put issues into perspective, Vietnam’s RMG {industry} contributes solely 16 per cent-17 per cent in the nation’s export enterprise.
This signifies that in the final three a long time, Vietnam has been profitable in diversifying their export sector, which is a exceptional feat.
Remark is keen to take cost of that ship and cleared the path. Sharif Md Ali Sumon, head of Corporate Affairs in Remark HB Limited mentioned, ‘Annually, we import over BDT 10,000 crore price of beauty merchandise, Through the inauguration of our research centre, we wish to flip the tables and switch this import-heavy {industry} into an exportable one. Eventually, this can positively influence our economic system’s growth as properly. We are additionally incorporating American expertise to create a line of product which won’t solely cater to the calls for of our folks, but additionally be exported in international nations.’
The research centre is being established on the floor of a 100 acres of non-agricultural land, which has remained deserted for years.
Remark HB Limited is hopeful that when this land is cultivated into an eco-friendly one, the industrialisation will be capable to create employment alternatives for greater than 15000 folks.
Apart from this, over 150,000 folks shall be not directly employed in this venture.
Initially, the manufacturing facility will manufacture over 400-500 merchandise of 40 completely different manufacturers, starting from classes like color cosmetics, skincare, house care and private care.
The firm can be placing research efforts to give you eco-friendly packaging elements.
It opens doorways to limitless prospects and unbound potential.
On one hand, Remark will be capable to create new employment alternatives for the unemployed whereas introducing beauty merchandise of world customary into the market.
On the opposite hand, it creates a brand new supply of inbound export earnings. This is the very first time Bangladesh is witnessing such super effort and funding in the cosmetics {industry}, which is being deemed as unprecedented.
Ashraful Ambia, managing director of Remark HB Limited, he mentioned, ‘We are tirelessly working to create an eco-friendly inexperienced {industry} whereas complying to all the necessities. We have additionally collected exemption papers from the Department of Environment, Fire Service Department in addition to the native physique of administration. We are conscious of our honourable prime minister’s needs of making a pattern of industrialisation that may guarantee extra employment alternatives, and now we have made it our collective lives’ mission to assist obtain that. We are optimistic that we’ll have utmost assist from our authorities, the native administration in addition to the folks of Munshiganj to assist notice this noble initiative and switch it right into a actuality. We welcome any and all comers to affix and assist us in this superb journey of revolutionising the export {industry} and eclipsing a brand new horizon in the panorama of our financial progress as a nation.’
https://www.newagebd.web/article/167124/remark-opens-cosmetics-industry-skincare-research-centre-in-munshiganj
