1:47 am, Friday, 12 December 2025

Textile sector urges for govt support to protect industry

  • Reporter Name
  • Update Time : 07:24:32 pm, Thursday, 11 December 2025
  • 6 Time View

The workers, employees, and officials of Bangladesh’s spinning and textile sector have collectively appealed to the government to take urgent necessary measures to protect their industry and themselves as it has been facing multiple challenges.

They made the call at a press conference at the national press club in the capital on Thursday.

They added that over the past few years, the sector has been hit hard by the global downturn, export volatility, raw material price hikes, rising production costs, reduced competitiveness, and the ongoing gas and electricity crisis.

The industry owners warned that continued pressure may lead to widespread production cuts and job losses.

A total of 27 spinning mills have already shut down, pushing thousands of workers into uncertainty, they also informed.

The sector is seeking immediate policy support—particularly revision of gas and electricity tariffs, reduction of bank interest rates, incentives for diversification, and relief for mills burdened by high operational costs.

They also call for anti-dumping duties on yarn imports from countries where production costs are significantly lower due to government subsidies.

Bangladesh’s textile value chain relies heavily on spinning and weaving mills.  Ensuring their survival is essential for safeguarding the competitiveness of our RMG exports and the livelihoods of millions.

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Textile sector urges for govt support to protect industry

Update Time : 07:24:32 pm, Thursday, 11 December 2025

The workers, employees, and officials of Bangladesh’s spinning and textile sector have collectively appealed to the government to take urgent necessary measures to protect their industry and themselves as it has been facing multiple challenges.

They made the call at a press conference at the national press club in the capital on Thursday.

They added that over the past few years, the sector has been hit hard by the global downturn, export volatility, raw material price hikes, rising production costs, reduced competitiveness, and the ongoing gas and electricity crisis.

The industry owners warned that continued pressure may lead to widespread production cuts and job losses.

A total of 27 spinning mills have already shut down, pushing thousands of workers into uncertainty, they also informed.

The sector is seeking immediate policy support—particularly revision of gas and electricity tariffs, reduction of bank interest rates, incentives for diversification, and relief for mills burdened by high operational costs.

They also call for anti-dumping duties on yarn imports from countries where production costs are significantly lower due to government subsidies.

Bangladesh’s textile value chain relies heavily on spinning and weaving mills.  Ensuring their survival is essential for safeguarding the competitiveness of our RMG exports and the livelihoods of millions.