With Bangladesh closing its land ports for yarn exported by India, textile mills in India are different modes of transport and have additionally urged the federal government to take up the problem with Bangladesh.
Almost 30% of India’s yarn, primarily dyed and particular yarn, exported to Bangladesh was transported through land ports.
At a latest assembly, the yarn exporters explored numerous different choices similar to transport in containers, utilizing inland water methods, and so on. They additionally had conferences with patrons in Bangladesh.
“The problem in sending the goods in containers by sea is the lead time. Even now, 70% of the Indian yarn to Bangladesh goes by sea. Those who exported through land ports will also use the sea now. There are smaller ships that go from Kolkata. The possibility of sending in those ships needs to be explored,” mentioned Siddhartha Rajagopal, govt director of the Cotton Textiles Export Promotion Council.
According to Okay. Selvaraju, secretary normal of the Southern India Mills’ Association, almost 45% of India’s yarn exports are to Bangladesh. India used to export over 100 million kg of yarn completely a month. Now, it’s nearly 90 million kg. China and Bangladesh have been major markets for Indian yarn. In latest years, China’s imports of Indian yarn have lowered considerably. If the 30% exports to Bangladesh are affected, the yarn will come for home consumption and produce down the costs. The home textile worth chain might be impacted.
Currently, textile mills within the northern States are affected due to the closure of the land ports. However, if the scenario doesn’t enhance, your entire textile spinning sector might be affected, he mentioned.
Published – April 28, 2025 08:01 pm IST
