Home / Knowledge / News / Textiles / Bangladesh hotspot for Pakistani textile sector
Bangladesh hotspot for Pakistani textile sector
30
Apr '12
Could be there one particular reason or multiple reasons for the Pakistani textile sector investing in Bangladesh - a country which has emerged as the second biggest exporter of apparel to the US.

The number-1 reason is the rampant shortage of electricity and industrial gas, due to which units stay shut for long hours each day, unless they have captive generation, which again is expensive.

Secondly, Bangladesh-made clothing has been given duty-free access by 37 countries, which include the member states of the European Union, Australia and Canada.

There is also a distinct possibility that Bangladeshi apparel exports to the US could receive the same treatment from its biggest garment buyer in the near future, as garments cannot avail this facility right now.

However, the current Textile Minister – Mr Makhdoom Shahabuddin has been quoted as saying “Pakistani textile industry has not shifted to Bangladesh because of electricity and gas outages.

“But, because Bangladeshi goods, mainly apparels have been provided duty-free access by a number of developed countries, due to its status as a least developed country (LDC)”.

He went to add, “40 percent of the Pakistani textile industry and over 200,000 powerlooms have shifted to Bangladesh in the last five years, creating unemployment for hundreds of thousands of workers.

To add to the woes of the Pakistani industrial sector, the garment sector too has chosen Cambodia as an alternative destination for relocating their manufacturing units.

This was revealed to fibre2fashion recently by Mr Ijaz Khokhar who is Chief Coordinator of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), owing to continued electricity and gas supply problems in the country.

Incidentally, the Bangladeshi garment industry has proved to be crucial growth driver for the industrial sector in that country, thriving on the vast amount of cheap and unskilled labour, available.

Bangladesh has also achieved a GDP growth rate of 6.3 percent in 2011, when many countries experienced negative or sub-four percent growth rates, including the US and EU.

That apart, there are similarities in the culture of both countries as well, as both were once part of undivided India prior to 1947.

All these factors have mainly contributed, to Pakistani investments flowing in to Bangladesh.

Fibre2fashion News Desk - India


Must ReadView All

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

BIDA’s Europe trip to showcase a different Bangladesh

Apparel/Garments | On 19th Apr 2018

BIDA’s Europe trip to showcase a different Bangladesh

The Bangladesh Investment Development Authority (BIDA) is taking a...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Urmil Arya

Sushila International, a well established textile organisation established ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Vaanee Bhatia
Gritstones Clothing

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search