Political unrest and economic strain have led to the closure of 353 factories in Bangladesh, displacing nearly 120,000 workers across key industrial zones.
Bangladesh’s central bank cautions that the RMG sector faces mounting export challenges to the U.S., urging diversification and cost-cutting to avert a deeper slowdown.
India has barred more Bangladeshi jute goods from entering by land, forcing shipments to Nhava Sheva and raising costs for a sector already under pressure.
