Bangladesh Textile Mills Association (BTMA) - representing local textile manufacturers | Knowledge Hub | Circle Economy Foundation
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Business case
Bangladesh Textile Mills Association (BTMA) - representing local textile manufacturers
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Bangladesh Textile Mills Association (BTMA) is the national trade organization representing Yarn & Fabric Manufacturers and Textile Product Processors mills of the country under private sector. 1728 Member Mills broken down in 510 Yarn Manufacturing Mills, 901 Fabric Manufacturing Mills and 317 Dyeing-Printing-Finishing Mills are represented by BTMA.

Problem

Bangladesh is known worldwide for its textile sector: it contributes more than 13% in GDP, and over 84% in the country export earnings. More than 150 countries import ready-made garments from Bangladesh, therefore a local entity is needed to jointly represent the industry, often comprised by small businesses, in front of foreigners.

Solution

BTMA carries out research and conducts frequent dialogues with public and private stakeholders, such as Bangladesh government officials and private sector foreign representatives to support the textile industy in Bangladesh.

- BTMA provides three kind of certificates to its member Mills:

-Issue Certificates of Production & Processing to avail GSP facilities

-Certificates for alternative Cash Assistance

-Certificates for availing exemption & concessionary facilities with regard to duties & taxes from

Custom Authority.

- BTMA Authority remain constantly engaged with different Government department & other related Agencies like Finance Ministry, Commerce Ministry , Textile & Jute Ministry , Labour & Employment Ministry , NBR, Bangladesh Bank , Department of Environment & other high Officials to settle the issues relating Primary Textile Sector(PTS).

- BTMA provides budgetary proposal regarding Tax , VAT & other Custom related matter to National Board of Revenue (NBR) with view to furthering the Primary Textile Sector(PTS).

- BTMA usually meets with Foreign Dignitaries to discuss the bilateral matter of natural interest of the Textile Sector.

- BTMA usually organizes two fairs: Tex-Bangla (bi-annual) & DTG (Annual). The main objectives of Tex-Bangla exposition are to create awareness among the Policy Makers of Government, buyers at home & abroad and the general public about the role and contributions made by the PTS (Primary Textile Sector) and to show the progress and development being taken place in textile arena DTG event showcase the latest fashion trends, new technology and material services for textiles in trade & help local entrepreneurs to acquaint themselves with latest technology in the Primary Textile Sector and also provide opportunity for participating International suppliers to find new business within Bangladesh.

Outcome

Total Export of the country 38758.31 million USD(FY 2021-2022). Out of that, Textile & Clothing export is 32588.76 (Including Home Textile) million USD which is around 84.08% of the total export.

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