Browsing: garment makers

The garment makers in Bangladesh have requested the government to ease down the conditions for the import of cotton, yarn, and other fabrics as Bangladesh has started to receive orders from international retailers and brands.

Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.

The lockdown seems to have encouraged more Indians to invest in knitwear. The domestic sales volume of Tirupur’s garment makers was Rs 300 billion during the last fiscal. This was higher than the region’s export values.