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Bangladesh imports 46 percent cotton from India in 2017
Bangladesh imported 46 percent of its cotton needs from India last year, the High Commission of India says after a meeting between the high commissioner and industry leaders and office bearers of the Bangladesh Cotton Association.
Published : 16 August 2018, 06:14 PM
Updated : 16 August 2018, 07:05 PM
The eight-member delegation led by President of the association Mehdi Ali met High Commissioner Harsh Vardhan Shringla on Thursday at his office.
The delegation briefed the envoy about the work of the association and Bangladesh India Cotton Forum.
The association works closely with Indian Cotton Association and Cotton Association of India as the country has to depend on import for raw cotton, the high commission said.
Local growers can meet only around 2 percent of the demand leading to over $3 billion worth of import, according to available statistics.
Bangladesh is the second largest exporter of readymade clothes after China.
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