Alamin

"Local garment factory owners have been importing knit and woven fabrics from India at prices lower than our production cost, but the government did not take any initiative to check the import despite repeated requests," Alamin said.

Bangladesh textile millers threaten to shut Reuters 2011

"Without these measures we can not survive," said Jahangir Alamin, president of Bangladesh Textile Mills Association.

Bangladesh textile millers threaten to shut Reuters 2011

"Now we are able to supply up to 80 percent and 40 percent of fabrics for the export-oriented knit and woven industries respectively," Alamin said

Bangladesh textile millers threaten to shut Reuters 2011

Alamin said that cotton-exporting India frequently changed its trade policies according to the state of demand but Bangladesh did not take any measure as such, that pushed its textile sector to an uneven competition.

Bangladesh textile millers threaten to shut Reuters 2011

The new measure has come as another severe blow for us, Alamin added.

Bangladesh textile millers threaten to shut Reuters 2011

The textile mills could not use more than 35 percent of their production capacity due to a lack of electricity and gas supplies, Alamin said.

Bangladesh textile millers threaten to shut Reuters 2011

"We will have no alternative but to shut our business, after the Muslim Eid al-Fitr festival at the start of September, as half of the manufacturing firms have already become inoperative," said Jahangir Alamin.

Bangladesh textile millers threaten to shut Reuters 2011

"While the cash incentive should remain in force until 2015, the government should also take initiative to encourage use of local fabric and yarn," Alamin added.

Bangladesh textile millers threaten to shut Reuters 2011

Rio Almanac — Alamin kung sino sa mga pinagpipitaganang manunulat at makata ng Filipinas ang isinilang sa Pebrero at Marso.

Archive 2009-03-01 2009

Rio Almanac — Alamin kung sino sa mga pinagpipitaganang manunulat at makata ng Filipinas ang isinilang sa Pebrero at Marso.

Ikalimang Isyu ng Bulawan Online / Bulawan Online 5th Issue 2009