Dhaka, Dec. 12 -- Workers and employees from the spinning sub-sector of the textile industry have called on the government for policy support to help the spinning mills overcome ongoing challenges, particularly the import of yarn at dumping rates.
The spinning mills are grappling with several issues, including escalating production costs due to gas supply crunch, a foreign currency crisis and global economic factors, they said at a press conference on Thursday.
They claimed that 35 out of the 490 spinning mills in the country had been shut down over the past one and a half years, with several others facing partial closures. This has led to significant job losses in the sector.
Md Shahinul Haque, Director (Operations) at Mosharaf Compos...
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