Dhaka, April 28 -- Primary textile millers have urged the government to ensure smooth supply of gas as its short supply compelled the factories to cut production, causing substantial financial losses.
They cannot utilize full production capacity, resulting in gradual shrinking of working capital and erosion of export competitiveness, Bangladesh Textile Mills Association (BTMA) said in a letter to the Ministry of Power, Energy and Mineral Resources on Sunday.
The trade body claimed that the textile mills cannot meet the supply deadlines of export orders while losing competitiveness in the international market because of consequential increase in production costs.
It also warned that a good number of mills might face closure if the curre...
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