Dhaka, July 3 -- Bangladesh's industrial sector is facing increasing distress due to a convergence of critical challenges, including a persistent energy crisis, record-high default loans, soaring inflation, declining foreign investment, and a drop in private sector credit growth, stakeholders have warned.

A severe liquidity crunch in the banking sector, unchecked non-performing loans, stagnating investment, and rising pressure on foreign exchange reserves have collectively undermined the country's economic foundation. These structural issues are further compounded by stringent conditions set by the International Monetary Fund (IMF), political uncertainty, and internal policy shortcomings.

Of particular concern is the worsening situation...