Tuesday, January 21, 2025
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HomeConversationsI am afraid to overcome this deeply crisis shortly to support our infected industry

I am afraid to overcome this deeply crisis shortly to support our infected industry

Globally we are passing a very hard time which was not observed in our life time ever. More or less every industry is suffering. Textile industry is the main earning source of Bangladesh economy and large portion of our population is directly involved in this industry. Textile Focus editor M A Islam Riyadh talked different businessman, stakeholders regarding their observation and planning during the pandemic situation. Key discussion points are mentioned individually-

I am afraid to overcome this deeply crisis shortly to support our infected industry

Md. Majaharul Islam Sumon, Assistant Country Manager, Bangladesh, DyStar Singapore Pte Ltd

sumon-bhai_dystarCurrent global challenges due to CoVID -19, we are mostly affected as a least developing country. Moreover, Bangladesh economy is highly depended on Textile sector, which is heavily connected with global economy.  If we see the total value chain of Bangladesh Textile Industry, we need to consider the situation of Europe, America or even China, India whom we are integrated for our back-up services.  This chain has already disordered in term of both product flow as well as financial flow. We have also seen an interruption in the banking sector, and I am afraid to overcome this deeply crisis shortly to support our infected industry.

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