Home / Knowledge / News / Textiles / Importing yarn via Benapole rifts textile sector
Importing yarn via Benapole rifts textile sector
18
May '10
As per a textile industry leader, government's decision to permit yarn imports from India via Benapole land port into Bangladesh is posing a threat to the spinning sector.

Government withdrew its 15-year ban on yarn imports via the Benapole land port and in the process has ignored local spinner's opposition, averred an industrial expert.

In the meantime, Lokman Hossain, President of Bangladesh Handloom and Powerloom Owner's Association, declared withdrawal of the weaver's strike during a press conference in Narsingdi.

Also, Abdul Hai Sarker, President of the Bangladesh Textile Mills Association supporting government's decision said that, imports of yarn via Benapole should be allowed under certain conditions.

According to Sarker, government should have carried out an impact study, before permitting yarn via Benapole. He also said that, knitwear manufacturers are already importing yarn through the Benapole land port from India, but under the bonded warehouse licence.

Explaining the opposition by spinners, Fazlul Hoque, President, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) said that, spinners want to have their monopoly in the market and hence their opposition. But according to him, spinners will not be affected by the imports of yarn via the Benapole port.

As of now, 82/1, 100/1, 100/2 and 120/1-yarn counts, which are mostly used in saris, lungis and gamchhas has been approved by the government. More so, this decision is also not beneficial for the knitwear sector as the 80-and-above count of yarn is not utilised by knitwear producers.

Government's decision of allowing yarn imports, through Benapole land port has been welcomed by Abdus Salam, President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

More so, according to BGMEA with the government's decision on withdrawal of the 15-year ban, the yarn market will now stabilise. The government was also urged to keep a check on yarn smuggling into Bangladesh by corrupt traders.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

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

Urs Stalder
Sanitized AG

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search