With general elections coming up in January next year, economic health of the country seems to be taking a beating.
Analysts and industry insiders point out that Bangladesh may not be able to sustain six percent growth in economy which it had been achieving for the past three years, this year.
Disturbances in the form of rallies, work stoppages and suspension of water, power and gas cause debilitating effects on the industry sectors and textiles, in particular.
Textile exports contribute mainly for Bangladesh's foreign exchange earnings (about $8 billion a year) and also offer livelihood to majority of the populace.
Now, with growing political distubances as the elections approach, the readymade garment sector will definitely get affected adversely.
Meanwhile, textile and clothing industry majors have appealed for calm and requested political parties to end acrimony and disruption of production.
marketing@alchempro.com
