Bangladesh’s apex garment makers’ body, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), while expressing concern over the recent fuel price hike in the country has underlined it would have impact on the export growth.
BGMEA President Faruque Hassan, reportedly, observed many apparel manufacturing units would suffer losses and may face risk of shutting down on account of the same, while maintaining that in the face of the recent fuel price hike, it was unlikely to reach the export earning target set for this year.
“Factory owners will count loss for already received orders and many of the units will not be able to execute new work orders received. As a result, the export target will not be achieved,” reportedly, expressed apprehensions Faruque while underlining the industry is already facing gas supply crisis along with load shedding for five to six hours and in this situation, the increase in fuel price was a big challenge for the garment industry of Bangladesh.
Bharat Tex Special Report 2026 
