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

(left to right) Rohit Munjal, Ashok  Shah, Rahul Mehta, Premal Udani, Rajesh Masand and Jayesh  Shah

Textiles | On 28th Jun 2017

CMAI to host 822 exhibitors at 65th National Garment Fair

The Clothing Manufacturers Association of India (CMAI) will host over ...

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Marten Alkhagen
Swerea IVF AB

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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