Bangladesh textile mills claim Indian yarn flooding market, warn of shutdown
Jan 26, 2026 • Maryam Begum • Company Updates / Business Notices
Source:
indiatoday.in
Bangladesh’s textile industry is staring at a possible shutdown from February 1, with domestic millers warning that spinning units across the country will halt operations if the government does not withdraw the duty-free import facility for yarn by the end of January.
The warning comes amid mounting pressure on the interim government to suspend zero-duty benefits on imported yarn under the bonded warehouse system. The crisis intensified after the Ministry of Commerce wrote to the National Board of Revenue, recommending the withdrawal of the facility. Domestic millers argue that duty-free imports have disrupted the level playing field and severely hurt local spinning units.