The BBS industrial production index, a key barometer of economic activity, shows that seven of 23 major subsectors contracted in September, while the remaining 16 posted growth. The readymade clothing industry, which accounts for 61% of the index, had a 5.6% year-over-year decline.
Manufacturing News
-
-
Priority areas include strengthening laboratory infrastructure, expanding research capabilities, enhancing faculty development and implementing rigorous internship programmes that reflect real-world environments.
-
Industries Adviser Adilur Rahman Khan underscored the central role of small, cottage and medium enterprises in Bangladesh’s industrial growth, noting that they account for roughly 80% of industrial employment and contribute about 25% of GDP.
-
Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) President Mohammad Hatem, has warned that the country's garment industry may suffer a crisis comparable to that formerly observed in the jute sector.
-
A survey funded by two international agencies has identified jacked-up US tariff's developing but inconsistent economic repercussions on Bangladesh's garment export as factories largely tied to the American market are already displaying symptoms of strain.
-
Despite initial indications of momentum at the beginning of the fiscal year, there has been a downturn witnessed by Bangladesh’s industrial sector due to decline of key industries like apparel and textiles.
