The Bangladesh Textile Mills Association (BTMA) has called on the Government to swiftly intervene and ensure an uninterrupted supply of gas to the industrial sector. The association warns that the ongoing gas shortage is severely impacting textile factories, leading to reduced production, mounting financial losses, and potential threats to the sector’s future stability.
In a letter addressed to the Ministry of Power, Energy and Mineral Resources, BTMA President Showkat Aziz Russell highlighted the gravity of the situation. He stated that the shortfall in gas supply has hampered mills’ ability to operate at full capacity, resulting in a gradual depletion of working capital and a decline in export competitiveness. The disruption has made it increasingly difficult for Bangladeshi textile products to meet export deadlines, while rising production costs further erode their market edge.
Russell warned that if the crisis persists, a significant number of mills might be forced to shut down, which could trigger labour unrest ahead of Eid-ul-Azha due to delays in wages and festival allowances. The situation is compounded by rising costs of gas and electricity, a dollar shortage, elevated bank interest rates, reduced cash incentives, and the devaluation of the Bangladeshi taka.
Adding to the severity, Russell pointed out that supply allocations for industries have been cut as Titas Gas has prioritised increasing supplies to the power sector. This decision has worsened the crisis for textile manufacturers. For instance, Noman Group, which operates 28 factories, has nearly suspended operations across most units, with only a few functioning under severe disruption.
The textile sector’s inability to maintain expected production levels has resulted in substantial financial losses, making it increasingly difficult to fulfill export commitments. Russell emphasized the urgent need for Government intervention to restore a stable gas supply and prevent further damage to the vital textile industry.
The BTMA’s appeal underscores the critical importance of resolving the gas crisis to safeguard Bangladesh’s export-driven textile sector and protect the livelihoods of thousands of workers.
