To ensure even recovery of the readymade garment sector, which is considered the lifeline to Bangladesh’s economy, the textile mill owners of the country have called upon the Government for smooth supply of gas.
Media reports maintained this adding the President of the Bangladesh Textile Mills Association (BTMA) stated the same at a media briefing recently.
BTMA President Mohammad Ali Khokon, while underlining that majority of the spinning, weaving, dyeing, finishing and printing units in the industrial belts of Gazipur, Narayanganj, Dhaka, Savar, Ashulia, Manikganj, Narsingdi and Chittagong are failing to run at full capacity due to the shortage of gas, said if gas is not supplied smoothly, textile mill owners will face output losses of as high as 25 per cent.
Mohammad Ali Khokon further, reportedly, added textile mill owners face gas crisis for at least three months a year and in those three months, the loss amounts to US $ 1.75 billion for the export-oriented textile mills even as the loss of the mills that produce goods for the domestic market is US $ 2 billion.
