6th May 2026
EP Report
Bangladesh's Small and Medium Enterprise (SME) sector is witnessing a sharp decline in activity, with production down by as much as 30% in recent weeks amid the global energy crisis, rising raw material costs, and frequent load-shedding.
Mirza Nurul Ghani Shovon, President of the National Association of Small and Cottage Industries of Bangladesh (NASCIB), told a local newspaper that the situation is becoming untenable for many small-scale manufacturers.
"The energy crisis has pushed many institutions to the brink of closure. In many cases, production has already dwindled by 25% to 30%," Shovon said.
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