Bangladesh imports 49% cotton from India
Last year, it imported 6.10 million bale cotton, of which 2.99 million bale or 49% came from India.
“India has become the single largest source of cotton import for Bangladesh due to rapid shipment, better quality, price competitiveness and settlement of dispute in a relaxed manner,” BTMA President Tapan Choudhury said recently.
“Dependency on a particular Country is not good for us. We are thinking an alternative,” he said.
Tapan was briefing on Bangladesh India Cotton Fest 2016 to be held on March 12 at Raddission Blu in the capital.
Bangladesh Cotton Association and Indian Cotton Association Limited are jointly organising the first ever “Bangladesh India Cotton Fest 2016”.