Bangladesh’s readymade garment (RMG) sector is set to adopt blockchain-based transparency and Digital Product Passport (DPP) capabilities after the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) signed a memorandum of understanding (MoU) with Dutch supply chain traceability platform AWARE.

The initiative aims to help Bangladesh’s garment exporters comply with the European Union’s mandatory DPP regulation, which will come into force in 2027. The agreement was signed in Dhaka by BGMEA Vice President Vidiya Amrit Khan and AWARE Founder and Managing Director Feico van der Veen.

Bangladesh’s readymade garment (RMG) sector is set to adopt blockchain-based transparency and Digital Product Passport (DPP) systems ahead of the European Union’s 2027 regulations.
BGMEA and Dutch traceability platform AWARE signed an MoU to enable end-to-end traceability of fibres, yarns, and garments through blockchain-backed digital records, helping exporters strengthen compliance.

Under the partnership, BGMEA member factories will be able to generate blockchain-anchored digital records tracing garments from fibre origin to finished products. The system will provide verified information on raw material sourcing, production processes, and environmental footprint through QR-code-enabled Digital Product Passports.

The move is significant for Bangladesh’s garment industry, which depends heavily on imported fibres and yarns from countries such as China and India. Through blockchain-backed data tokens created at the fibre and yarn production stage, traceable information will move across borders along with physical shipments, enabling end-to-end supply chain visibility.

According to BGMEA, the adoption of blockchain-based traceability will help garment manufacturers improve transparency, strengthen compliance, and position Bangladesh as a reliable sourcing destination for European brands facing stricter sustainability and traceability requirements under the EU’s Ecodesign for Sustainable Products Regulation (ESPR).

The agreement also ensures that factories retain ownership and control over all production data generated through the platform. Pilot projects involving selected spinners and garment manufacturers are expected to begin immediately to develop cross-border fibre-to-garment DPP supply chains connecting Bangladesh with European buyers.

Fibre2Fashion News Desk (CG)

Now that India has fully operationalised four new pro-worker and business friendly labour codes, the Ministry of Labour and Employment plans to come up with a comprehensive employment policy that will serve as a blueprint for employment generation, according to minister handling the portfolio Mansukh Mandaviya.

He said the four new codes consolidated 29 labour laws into a simplified and contemporary framework.

Now that India has operationalised four new pro-worker and business friendly labour codes, the Ministry of Labour and Employment plans to come up with a comprehensive employment policy that will serve as a blueprint for employment generation, minister handling the portfolio Mansukh Mandaviya said.
“Labour and industry should complement each other and adapt to change for effective coordination,” he said.

“Labour and industry should complement each other and adapt to change for effective coordination,” he recently told the Confederation of Indian Industry (CII) Summit.

The government published the final rules across the four codes earlier this month, making them fully operational.

The four codes are the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020. These came into effect on November 21, 2025.

Fibre2Fashion News Desk (DS)

Indian apparel company Kewal Kiran Clothing Limited (KKCL), which owns the Killer jeans brand, has reported strong financial performance for fiscal 2026 (FY26) ended March 31, with revenue from operations rising 20.9 per cent year-over-year (YoY) to ₹1,212.8 crore (~$121.28 million), supported by robust growth across brands and channels under its Vision 2028 strategy.

“We are delighted to report sustained, robust double-digit sales growth in FY26, driven by healthy momentum in both volume and value,” said Hemant Jain, joint managing director of KKCL.

The company’s EBITDA for FY26 increased 24.8 per cent YoY to ₹237.9 crore (~$23.79 million), while EBITDA margin improved to 19.6 per cent from 19 per cent in FY25, surpassing the company’s guidance. The gross profit rose 22.8 per cent to ₹511.6 crore (~$51.16 million), with gross margin improving to 42.2 per cent.

Kewal Kiran Clothing Limited (KKCL) has reported 20.9 per cent YoY revenue growth to ₹1,212.8 crore (~$121.28 million) in FY26.
EBITDA rose 24.8 per cent to ₹237.9 crore (~$23.79 million), while PAT increased 2.1 per cent to ₹152.3 crore (~$15.23 million).
The company credited Vision 2028 execution, strong distribution growth, and the Kraus Casuals acquisition for the performance.

The profit after tax (PAT) for FY26 grew 2.1 per cent to ₹152.3 crore (~$15.23 million). The company noted that FY25 PAT included one-time gains related to the sale of shares via IPO-OFS and fair value gains on shares of Baazar Style Retail Limited and adjusted underlying PAT growth was stronger on a YoY basis, KKCL said in a press release.

“These encouraging results validate that the strategic levers outlined in Vision 2028 are well-placed and are delivering results across all our brands. Execution-led operational discipline has enabled us to grow at scale while preserving profitability, resulting in a strong FY26 EBITDA margin,” added Jain.

He highlighted that Kraus Casuals delivered high double-digit sales growth with EBITDA margins exceeding 21 per cent following its acquisition. He said the acquisition strengthened KKCL’s entry into the women’s casualwear segment and proved financially accretive.

Q4 performance remains strong

Meanwhile, the company posted a revenue of ₹323.8 crore (~$32.38 million) in the fourth quarter (Q4) of FY26, up 12.4 per cent YoY. EBITDA rose 18.4 per cent to ₹61.7 crore, while PAT increased 14.2 per cent to ₹34.5 crore. Gross profit during the quarter climbed 17.5 per cent to ₹132.8 crore.

The company said its multi-pronged distribution strategy and continued investments in exclusive brand outlets (EBOs), large-format stores and brand-building initiatives supported growth across channels.

KKCL currently operates 666 exclusive brand outlets, works with over 80 distributors and has presence across more than 3,000 multi-brand outlets nationwide through brands including Killer, Integriti, Lawman, Easies, Junior Killer and Kraus.

Looking ahead, the company expressed confidence in sustaining momentum in FY27, supported by disciplined execution, expanding distribution and a healthy margin profile.

Fibre2Fashion News Desk (DS)