Bangladesh Textile millers seek immediate improvement in gas supply – The majority of textile mills are currently only operating at 30 per cent capacity, thus on Wednesday, textile millers urged the interim administration to act quickly to enhance gas and power supply to manufacturing units. Additionally, they pleaded with the …
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Bangladesh Crisis: Opportunity for Indian textile industry – Bangladesh plays a significant role in the global garment industry. The growth of its ready-made garments sector enabled the country to achieve lower-middle-income status in 2015. However, the ongoing political turmoil has affected the economy. Informal workers, who account for 85% of …
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Cotton exports to Bangladesh hit: Industry insiders have reported that Western clothing and footwear companies have temporarily stopped placing new orders in the violence-torn nation of Bangladesh, even as production units there resume operations and employees put in extra hours to clear backlogs. Cotton exports to Bangladesh hit as Western …
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Bangladesh textile industry expects opportunity to demonstrate resilience: The garment industry in Bangladesh, which is the second-largest worldwide producer of apparel and a pillar of the country’s economy, has been severely unstable in recent weeks. Amidst growing turmoil, factory owners have been working hard to reassure Western apparel manufacturers about …
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Bangladesh is close to surpassing China as the world’s largest cotton apparel exporter and stronger demand prospects are expected to drive cotton consumption higher, said the US Department of Agriculture (USDA). The US agency, citing the annual fashion industry benchmarking study by the United States Fashion Industry Association (USFIA), said …
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Confirming this, SGCCI president Himanshu Bodawala said that the purpose of organizing the textile event in Dhaka is that there is ample opportunity in the textile sector in Bangladesh. SGCCI textile trade fair in Dhaka next year i.e. 2023 The Southern Gujarat Chamber of Commerce and Industry (SGCCI) will organize …
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