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Due to the current situation we have to use alternate non-renewable energy sources-Fakir Mashfiquzzaman Fabi

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Due to the current situation we have to use alternate non-renewable energy sources-Fakir Mashfiquzzaman Fabi, Director, Fakir Knitwears Ltd 

fakir-mashfiquzzaman-fabi-fakir-knitwearRecently, the government’s decision to suspend gas supply to all categories of industries for the next 15 days. Industrialists said it will affect the entire supply chain – from making yarn to dyeing, stitching and readying export shipments.  Apparel and textile makers said that the decision to stop using gas from 5:00pm to 9:00pm daily for 15 days would hamper production and the sector would face huge losses due to shipment delays. Around 50 per cent of the total gas supply goes to power plants while industries consume about 16 per cent. The household-level consumption is about 13 per cent and consumption of CNG filling stations accounts for about 5 per cent.

Textile Focus: In this current scenario, What are the advantages and disadvantages of this?

Fakir Mashfiquzzaman Fabi : In my opinion the government’s decision has both positive and negative advantages in regards of the industrial sector. The positive impact would be focusing on renewable energy sources, However the heavy duty imposed on Renewable energy products and equipment’s tend to cause a hinderance. Due to the current situation we have to use alternate non-renewable energy sources, increasing costs hence having a major impact on the garments sector and it’s entire supply chain which is also putting us on a thin line with our business partners both domestically and internationally.

 

 

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