Manufacturing News

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.

Speakers at a Dhaka conference called on the interim government to intervene and revive the nation’s closed textile factories amid mounting job losses.

During talks with Yunus at the State Guest House Jamuna, Yang Dongning, Vice-President of the Export-Import Bank of China, said Chinese investors were shifting their focus from large infrastructure projects to high-value industrial ventures.