25/06/2026
Bangladesh's textile industry, a $23 billion pillar of the country's export economy, is on the verge of collapse under a succession of shocks that millers say could push the sector into the hands of Indian and Chinese rivals.
After years of energy shortages, soaring gas prices, high interest rates, generous allowable wastage rates, and a sharp cut in cash incentives, many textile mills are shutting down or operating below capacity. Read more...
After years of energy shortages, soaring gas prices, high interest rates, generous allowable wastage rates, and a sharp cut in cash incentives, many textile mills are shutting down or operating below capacity