Commerce, Industry and Textiles Minister Khandaker Abdul Muktadir said the textile sector must become competitive and modern to achieve sustainability. He made the remarks on Saturday at a seminar titled “Sustainable Transition in Employment: Preparation and Journey of Textile Students,” held at the Jute Diversification Promotion Center in Dhaka.

The minister stated that the government has no plans to establish or operate new state-owned mills, emphasizing that business operations will remain in the private sector. He said the government will focus on policy support and creating an enabling environment. Muktadir highlighted the need to update curricula at textile institutes and engineering colleges to align with technological changes. He also announced plans to involve BTMA and capable private mills with educational institutions to improve teaching quality and provide practical industrial experience.

He identified energy supply uncertainty, production costs, cost of funds, and technological limitations as major challenges for the textile industry. The government is working to address these issues while promoting man-made fibers, new product development, and value chain upgrades to enhance competitiveness.