The Institute of Textile Engineers & Technologists (ITET) convened an industry dialogue to address the mounting challenges facing Bangladesh’s spinning sector in 2025. The session brought together industry leaders, mill owners, buying house representatives and policy analysts, who collectively stressed the urgency of safeguarding the competitiveness of the country’s back-end textile industry.
Participants highlighted a convergence of pressures — including global cotton price volatility, rising utility expenses and the growing influx of imported yarn — which they warned was pushing the spinning segment dangerously close to its breakeven threshold. ITET panel members said coordinated action involving the government, financial institutions and all value-chain partners would be essential to securing the sector’s long-term Manufacturing.
During the discussion, panellists emphasised the need to continue the existing 5% export cash incentive to support liquidity and preserve export competitiveness. They also called for a 30% reduction in industrial gas prices to help mills remain on par with regional competitors such as India, Vietnam and Pakistan. Several speakers urged the introduction of anti-dumping duties on yarn imports that are significantly undercutting local prices, arguing that such measures were necessary to prevent unfair competition against domestic manufacturers.
Panellists further proposed the imposition of protective tariffs on Indian yarn to strengthen domestic value addition and reduce overdependence on foreign suppliers. Maintaining single-digit interest rates — a longstanding request from the textile sector — was also highlighted as vital to enabling mills to manage working capital and operational costs more efficiently.
According to the panel, yarn prices must stabilise at or above breakeven levels in order to avert widespread financial distress across the industry. They stressed that without timely and coordinated intervention, the stability of Bangladesh’s spinning sector — a critical pillar of its textile value chain — could be at significant risk.
