Even though the price of domestic yarn is up to $0.20 higher than imported yarn, readymade garment (RMG) industry owners are ready to buy it in the interest of the country's industry. However, there is one condition - the bonded warehouse facility cannot be withdrawn for yarn imports without ensuring this price difference. However, owners do not object to paying a maximum price of $0.20 more than imported yarn to sustain the domestic industry. It is learnt that currently, a large part of the export-oriented garment factories is using yarn imported from India. On behalf of BGMEA, he urged the government to immediately withdraw the decision to impose duty on yarn imports.

Source: Dhaka Tribune January 19, 2026 18:35 UTC