Home / Knowledge / News / Yarn / Bangladesh BTMA again calls for ADD on Indian yarn imports

Bangladesh BTMA again calls for ADD on Indian yarn imports

Jun '20
Pic: Shutterstock
Pic: Shutterstock
The Bangladesh Textile Mills Association (BTMA) has once again urged the government to impose anti-dumping duty (ADD) on cheap Indian yarn to save the domestic industry. Because of the pandemic, hundreds of mills in India are sitting on unsold yarn, which they are diverting to Bangladesh at cheap prices and many local garment makers are lapping them up, it alleged.

For instance, local millers are selling the widely-consumed 30-carded yarn at $2.80 to $2.90 a kilogram, whereas the same yarn can be procured at $2.60 to $2.70 per kg from India, BTMA was quoted as saying by Bangla media reports.

The Indian yarn is highly subsidised as the government offers incentives for cotton buying and yarn production at the mill level, according to BTMA secretary Monsoor Ahmed. As a result, yarn worth $1.4 billion have remained unsold at the factory level in Bangladesh over the last two months, he told a top newspaper in the country recently.

Therefore, BTMA wrote to finance minister AHM Mustafa Kamal, commerce minister Tipu Munshi and textiles and jute minister Golam Dastagir Gazi requesting measures to stop the invasion of cheap Indian yarn.

The letter requests the government to raise the cash incentive for garment exporters by 6 percentage points to 10 per cent if local yarn and fabrics are used.

The local millers churn out $12 billion worth of yarn a year and can meet 85 per cent of the demand for raw materials by the knitwear sector and 35 per cent by the woven sector.

In fiscal 2018-19, Bangladesh exported garment items worth $35 billion, and 63 per cent of the garment items were made from local raw materials. As a result, the retention value was also high at $15 billion, according to BTMA president Mohammad Ali Khokon.

On the other hand, the retention value from the imported raw materials was only $3.25 billion, the letter said.

The BTMA also demanded the import prices of yarn be scrutinised at the border land ports.

Fibre2Fashion News Desk (DS)

Must ReadView All

Pic: Shutterstock

Textiles | On 21st Jan 2021

Vietnam's garment-textile sector eyes $39 bn in exports

Vietnam's garment-textile sector has set a target of $39 billion in...

Pic: Shutterstock

Fashion | On 21st Jan 2021

Mila Fashion to open apparel plant in Sri Lanka's Welioya

US-based Mila Fashion, part of the Design Studio Group, recently...

Pic: Citi Trends

Retail | On 21st Jan 2021

Citi Trends to open 100 new stores by fiscal 2023-end

Citi Trends, Inc, a US-based value-priced retailer of fashion...

Interviews View All

Rahuul Jashnani, Jashn

Rahuul Jashnani

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

Textile Industry, Head honchos

Textile Industry
Head honchos

Wearables have very limited reach

Textile Industry, Head honchos

Textile Industry
Head honchos

There's lot more potential in women than what we are witnessing today

Francesco Gozio,

Francesco Gozio

Italian company Marzoli is a leading manufacturer of the complete line of...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Umang Banthia,

Umang Banthia

Established in 2005, SL Banthia Textiles manufactures coated fabrics....

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Marcel Alberts, Eurofibers

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Varsha Wadhwa, VW

Varsha Wadhwa

Coming from a family that ran a business of jute and linen mills since...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

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

Silvia Venturini Fendi, Fendi s.r.l

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


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

January 2021

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

Advanced Search