Home / Knowledge / News / Apparel/Garments / RMG exporters demand PM intervention
RMG exporters demand PM intervention
26
Mar '10
The demands for improving the power and gas supply to the industrial sector have been reiterated time and again by the knitwear manufacturers. Also they demanded of the government, to implement the second stimulus package so as to enable the sector which is a major source of foreign exchange to the country, to withstand international competition in apparel business.

Fazlul Hoque, President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), while citing his demands at a press conference in Dhaka, suggested that the Prime Minister should look in to the matter so as to ease the situation, by implementing measures like rationing of gas from CNG stations.

Also he recommended that the government should constitute a monitoring cell to keep a check over frequent fluctuations in yarn prices in local markets, and also that tax in respect of the diesel for consumption by the export-oriented industrial sector should be abolished.

A 0.2 percent fall was recorded in overall exports to the European markets during 2009, while knit exports in the corresponding period rose marginally by 0.19 percent, he divulged.

Also a decline of 9.95 percent in knit exports to USA was recorded for 2009, against a growth of 15 percent witnessed in 2008. Woven apparel exports too fell down last year to 3.47 percent as against a growth of 10.69 percent in 2008.

Meanwhile, he said, knit wear exports from China to the US grew from 1.13 percent in 2008 to 7.26 percent in 2009. Hoque, revealed that as the gas supply stands suspended for one-hour, it leads to a four percent reduction in production of yarn and clothing, and that recurrent power cuts leads to production loss of 10 percent.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search