Industry

Bangladesh Energy Crisis Hits Output At 78% Of Knitwear Factories

Textile Insights September 30, 2026

Bangladesh’s ongoing power and gas shortages are disrupting production across the knitwear sector, with 78% of surveyed factories reporting partial production shutdowns, according to a survey by the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA). The energy crisis has also

Corporates

Turkey’s Sanko Group To Invest US$ 300 Million In Bangladesh Textile Facility

Textile Insights August 3, 2026

Turkish textile major Sanko Group has announced plans to invest US$ 300 million in a modern integrated textile manufacturing facility at the Mirsarai Industrial Zone in Bangladesh, marking one of the latest major foreign direct investments in the country’s textile sector. The investment proposal was discussed during a meeting between Sanko representatives and Bangladesh’s

Corporates

AMANN Group To Expand Manufacturing Footprint In Bangladesh

Textile Insights June 1, 2026

German industrial thread manufacturer AMANN Group has announced plans to expand its manufacturing footprint in Bangladesh, reinforcing its long-term commitment to one of the world’s largest apparel sourcing destinations. The development was shared by AMANN Group CEO Markus Nicolaus during a meeting with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)

Corporates

BGBA, Air8 Partner To Boost Textile Export Financing

Textile Insights May 28, 2025

The Bangladesh Garment Buying House Association (BGBA) has signed a Memorandum of Understanding (MoU) with Air8, a cross-border supply chain finance platform, to enhance access to export financing for Bangladesh’s textile sector. The partnership aims to provide BGBA members with innovative working capital solutions and insights to support global trade. The MoU was signed

Industry

Investment In Bangladesh Textile Industry Slows Down

Textile Insights May 8, 2024

The investment in the Bangladesh spinning and weaving industry has slowed down because of gas shortage and for volatile dollar markets over the last two years. Many of the spinning mills have been running their production at 50 percent capacity because of the gas crisis in the industrial sector. Last year, no new spinning or […]

Industry

Bangladesh Seeks Chinese Investment In Textile & Jute Sectors

Textile Insights March 30, 2024

Bangladesh invited Chinese investors to invest in its textile and jute sectors, since China is a development partner of Bangladesh. Textiles and Jute Minister Jahangir Kabir Nanak said this in a meeting with Chinese Ambassador to Bangladesh Yao Wen at his office. Nanak was accompanied by senior textile ministry officials, while Wen was also accompanied […]

Industry

New Bangla Textile Minister To Boost Output Of Smart Textiles

Textile Insights January 15, 2024

The newly appointed Bangladesh Textile & Jute Minister Jahangir Kabir Nanak said that he is committed to advancing the manufacturing of smart textiles and also jute sector. According to Nanak, this will be achieved through efficient planning and swift implementation of decisions taken by the ministry. He stressed on the importance of incorporating new innovations […]

Industry

Investments In Bangladesh Textile Sector Almost Dry Up In 2023

Textile Insights January 2, 2024

Investments in the Bangladesh textile industry which is worth around $25 billion, almost dried up in 2023 as nor were new textile mills set up nor did any start operations. Only a Narsingdi based spinning mill said it would invest Tk 700 crore to manufacture cotton and MMF yarn, but even that plant will be […]

Industry

Bangladesh & Uzbekistan Explore Cooperation In Textile Sector

Textile Insights December 23, 2023

Bangladesh and Uzbekistan are exploring cooperation between the textile and garment industries of the two countries and take advantage of the strengths of both countries An Uzbek textile delegation recently visited Bangladesh and visited various garment factories to explore cooperation and learn more about garment manufacturing. Then a top level official team from

Industry

Bangladesh Textile Industry Seeks Higher Limits Of LC’s

Textile Insights December 11, 2023

Textile mills in Bangladesh have urged the central bank of Bangladesh to raise the limit of letters of credit (LCs) so that they can import more raw materials. The Bangladesh Textile Mills Association (BTMA) sent a letter to Bangladesh Bank requesting for a hike in LC limit last week, in which the trade body also […]