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Bangladesh imported textile machinery worth Tk71.19bn in last fiscal year

Related Keywords: Bangladesh textile millers, Bangladesh Textile Mills Association, compared to last fiscal year, dyeing, forty percent up, millers went for business expansion, prevailing political stability, printing and finishing mills, rise in machinery imports, spinning, weaving

Bangladesh textile millers have imported machinery worth TK71.19 billion in the fiscal year of 2014-15, a short up by over 40 percent compared to Tk50.63 billion in the last fiscal year of 2013-14 as many millers went for business expansion, said Bangladesh Textile Mills Association (BTMA) president Tapan Chowdhury speaking a press conference on Tuesday. The rise in machinery imports is attributed to the prevailing political stability.

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