Results for “Garment industry” (2)

2 weeks ago

Bangladesh Garment Sector Faces Growing Energy Strain

Bangladesh’s garment industry is facing worsening gas and power shortages, disrupting production and orders at many factories. A recent survey found widespread production cuts and buyer cancellations. However, 4A Yarn Dyeing has continued operating by generating much of its own electricity, including through solar power. Rising diesel prices are nevertheless increasing production costs and adding pressure on the major export sector. Read More…

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Hafsa Mustafa Posted in World

1 year ago

Trump tariffs hit India's garment exports

India's garment industry is reeling after US President Donald Trump slapped steep tariffs on Indian apparel exports, prompting panic among US buyers and a scramble among manufacturers to shift production abroad. Pearl Global, which supplies major US brands including Gap and Kohl's, said it has been flooded with urgent calls from clients asking it to either absorb the cost of new tariffs or move production to other countries. "All the customers are already calling me. They want us to shift from India to the other countries," Managing Director Pallab Banerjee… Read More…

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