Yarn-price-hike

Narsingdi is one of the country’s most important textile industry hubs. Once known for its handloom industry, the district has seen the growth of numerous textile mills with the expansion of modern power looms. Textile factories in the district produce 70 to 80 percent of the country’s demand for locally manufactured fabrics. However, repeated increases in yarn prices have put factories under pressure. Production costs have risen several times over, but fabric prices have not increased acc...

The handloom industry in Pabna and Sirajganj has a long tradition. As the industry expanded it became the source of livelihood for nearly 1.5 million people. The clattering sound of looms can be heard across the two districts. But that sound is gradually fading. The entire industry has come to a standstill under the combined pressure of frequent load shedding, high prices of yarn and dyes and rising fuel prices. Many power looms and Chittaranjan semi-automatic looms have shut down amid los...