Gas and power crisis hits knitwear: 55% of factories report orders cut or cancelled, 78% partly halted production

গ্যাস-বিদ্যুৎ সংকটে নিট পোশাক খাত: ৫৫% কারখানার ক্রয়াদেশ কমেছে বা বাতিল, ৭৮% কারখানায় উৎপাদন আংশিক বন্ধ

Prothom Alo reports that energy shortages are disrupting production across the garment sector, and the fuel price rise threatens to push costs higher still.

BUSINESS & ECONOMY 78% of knitwear factories have partly halted production Source: Prothom Alo NIRIKH GRAPHIC
Nirikh graphic — not a photograph of the event. Source: Prothom Alo.

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  • 55 percent of knitwear factories have seen orders reduced or cancelled because of the gas and electricity crisis, according to Prothom Alo. Prothom Alo
    reporting Prothom Alo — গ্যাস–বিদ্যুৎ সংকটে ৫৫% নিট কারখানার ক্রয়াদেশ কমেছে বা বাতিল, ৭৮% কারখানায় উৎপাদন আংশিক বন্ধ read the original ↗ (prothomalo.com)
  • Production has been partially halted at 78 percent of factories, the report says. Prothom Alo
    reporting Prothom Alo — গ্যাস–বিদ্যুৎ সংকটে ৫৫% নিট কারখানার ক্রয়াদেশ কমেছে বা বাতিল, ৭৮% কারখানায় উৎপাদন আংশিক বন্ধ read the original ↗ (prothomalo.com)
  • With fuel prices up, manufacturers fear production and transport costs will rise further.

The gas and electricity crisis is disrupting production at many of the country's garment factories, Prothom Alo reports. In the knitwear segment, 55 percent of factories have had orders reduced or cancelled, and production has been partially halted at 78 percent of them, according to the paper.

The recent rise in fuel prices adds to the pressure: manufacturers now fear that both production and transport costs will climb further, the report says.

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