Export earnings stood at about US $ 1.03 billion in FY 2025, showing little real growth over the past five years, according to data from the Export Promotion Bureau. The industry has remained stuck around the US $ 1 billion mark, failing to translate potential into sustained expansion.
Manufacturing News
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Trade analysts said extending the duty-free window could depress local cotton prices, increase fiscal costs linked to minimum support price (MSP) intervention by the CCI, and potentially harm farmer incomes—factors that contribute to political resistance against a policy extension.
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Manufacturing
EU clothing and footwear leaders warn of competitiveness gap amid reindustrialisation debate
With production still concentrated in Asia, the European footwear and apparel industries are navigating reindustrialisation, with value-added manufacturing, regulation and sustainability emerging as key factors.
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Manufacturing
Bangladesh to take action against factory owners over unpaid wage loans exceeding Taka 700 crore
A total of Taka 701.6 crore was disbursed to 10 industrial groups under a six-month repayment condition following widespread labour unrest triggered by unpaid wages after 5th August last year.
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The BGMEA requested garment factory owners across the country to keep their units closed on 31st December in solidarity with the national mourning announced following the death of former Prime Minister and BNP Chairperson Khaleda Zia.
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Industry leaders say the trend reflects a global shift towards capital-intensive manufacturing, with automated cutting, knitting, dyeing, finishing and sewing technologies rapidly replacing manual processes.
