Home / Knowledge / News / Textiles / 'India is largest source of cotton for Bangladesh'
'India is largest source of cotton for Bangladesh'
11
Mar '16
Courtesy: Bangladesh India Cotton Fest 2016
Courtesy: Bangladesh India Cotton Fest 2016
India is the largest supplier of cotton to Bangladesh's textile industry and around 50 per cent of Bangladesh's total cotton imports were made from India last year, according to Bangladesh Textile Mills Association (BTMA).

“India has become the single largest source of cotton import for Bangladesh due to quick shipment, better quality, price competitiveness and settlement of dispute in a relaxed manner,” Tapan Choudhury, president of BTMA said in a media briefing prior to the Bangladesh India Cotton Fest 2016 to be held on 12 March at Dhaka.

Bangladesh imported around 6 million bales of cotton in 2015, out of which approximately 3 million bales were imported from India. In 2014, the country imported around 5.8 million bales of cotton in total. Approximately 2.92 million bales were from India.

Talking about the fest, Choudhury expressed confidence in the fest further enhancing trade relations between the two countries by providing the cotton buyers and sellers a platform to meet. It will also ensure uninterrupted cotton supply to Bangladesh.

The fest will also play a role in dispute settlements between the buyers and sellers of the two countries.

The event is supported by the two major trade bodies – Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and India-Bangladesh Chamber of Commerce and Industry (IBCCI).

It will also enable them improve their supply chain with trust and reliability.(MCJ)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Karan Arora
Karan Arora

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search