The new platform, www.bpt.cditproject.org, was developed by the Board for Public Sector Transformation (BPT) with technical support from C-DIT. It will enable textile units to market and sell products through e-bidding and e-auction.
Manufacturing News
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New units producing non-conventional fibres or yarns—such as banana, bamboo, hemp, or water hyacinth—will be eligible for subsidies of up to Rs. 1 crore (US $ 114,000) per unit or 25% of capital investment in plant and machinery.
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Textile companies witnessed their shares rise up to 9% after the announcement of the waiver of the 11% import duty on raw cotton until 30th September as a response to the tariffs imposed by the US.
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Bangladesh’s readymade garment (RMG) exporters are seeing a sudden influx of orders from global buyers after a last-minute change in US tariff policy reshaped the sourcing landscape.
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China’s Kaixi Group has announced plans to invest an additional US $ 40 million to establish an intimate apparel and accessories manufacturing facility at the Bepza Economic Zone (Bepza EZ) in Mirsharai, Chattogram.
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His efforts significantly expanded business opportunities for machinery companies while making the latest technology accessible to small and emerging manufacturing hubs, particularly in semi-organised and unorganised segments of the apparel industry.
