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Bangladesh Garment Industry Faces 33.68% Machinery Import Plunge

2/20/2025

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Summary

Story summary

The Bangladesh readymade garment industry is in turmoil, grappling with a staggering 33.68% decline in capital machinery imports as fiscal 2024-25 begins. Economic instability, supply chain disruptions, and soaring inflation stifle investment. Experts are calling for urgent government action to break up harmful syndicates and foster a healthier business climate for sustainable growth and recovery.

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Story summary

The Bangladesh readymade garment industry is in turmoil, grappling with a staggering 33.68% decline in capital machinery imports as fiscal 2024-25 begins. Economic instability, supply chain disruptions, and soaring inflation stifle investment. Experts are calling for urgent government action to break up harmful syndicates and foster a healthier business climate for sustainable growth and recovery.