Apparel manufacturers and stakeholders concerned have urged the government to ensure smooth supply of energy at rates with long-term predictability for further growth of the country's textile and clothing sector.
They also stressed the need for taking measures to ensure efficient functioning of the country's seaports and Dhaka airport, simplify banking and tax regulations and continue providing cash incentive for exploration of new markets, among others.
They put forward the demands at a roundtable on 'Current Situation of the Garment Industry and Way Out' at a city hotel, organized by Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
BGMEA president Md Siddiqur Rahman presided over the meeting while its vice president Mohammed Nasir presented the keynote paper.
"We want price predictability of electricity and gas as we plan for a long time in our business," Tapan Chowdhury, president of Bangladesh Textile Mills Association (BTMA), told the meeting, arguing that frequent price hike of electricity and gas hampers the business plans.
