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Bangladesh imports new textile machineries to expand capacity

Related Keywords: apparel export, Bangladesh textile imports, garment exports, Hamid Fabrics, imports of textile machinery, textile production capacity

Bangladesh’s imports of capital machinery by the primary textile sector increased about 54 percent year-on-year in fiscal 2014-15 on the back of higher demand for raw materials from garment exporters.

According to data from Bangladesh Textile Mills Association, $445.7 million worth of capital machinery was imported by the sector in the last fiscal year. A BTMA certification is required for importing machinery for the textile sector.

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