New Delhi, Jan 24 (IANS) The Bangladesh Textile Mills Association (BTMA) announcing an indefinite shutdown of mills, along with dispute over duty-free yarn imports between textile millers and garment exporters, has raised alarm over Readymade garments (RMG) exports in the neighbouring country ahead of the national election scheduled for February 12, according to a report.RMG exports account for about 85 per cent of Bangladesh’s total export earnings. More than 10 lakh workers employed in the sec…
Latest Readymade Garments News & Updates
New Delhi, Jan 4 (IANS) Bangladesh’s jute industry is steadily losing its edge in the global market as high production costs, outdated machinery and low productivity continue to drag the sector down, according to Bangladesh Jute Spinners Association (BJSA) Chairman Tapash Pramanik.In an interview with ‘The Daily Star’, Pramanik said jute mills in Bangladesh are struggling to compete with rivals from other countries that have modernised their factories and reduced costs through better techn…