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Bangladesh plans to set up six new denim mills in 2yrs

Related Keywords: at least six new denim mills, Bangladesh, Bangladesh annual demand, become operation in next two years, Denim Expo, denim fabrics, India and Pakistan, investment of $100 million, local suppliers meet only 40 percent, planning to set up, rest met through imports from China

Bangladesh with an investment of $100 million is planning to set up at least six new denim mills which will become operation in the next two years as presently local suppliers can meet only 40 percent of Bangladesh's annual demand for denim fabrics and the rest is met through imports from China, India and Pakistan.

Currently, Bangladesh has 30 denim mills with a capacity to produce 435 million yards of fabrics a year, said Mostafiz Uddin, organizer of Bangladesh Denim Expo, who is also the managing director of Denim Expert Ltd.

LOC strife freezes India-Pak trade

Related Keywords: ban on Indian import, cotton import, Cotton importers, cotton shortage, customs clearing agents, Department of Plant Protection, domestic prices, huge trade halt, India and Pakistan, LoC, stopped import of agriculture commodities, Wagah border

Cotton importers and customs clearing agents claim a huge trade halt between India and Pakistan. The Department of Plant Protection (DPP) has stopped the import of agriculture commodities from India without a warning or written order because of increase in tensions across the LoC.
Officials of the department confirm the same. According to them, import of agri items from India through the Wagah border crossing and Karachi port and issuing permits for future imports has been halted.

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