“At least 70,000 workers lost their jobs due to the closure of those factories,” says M Shahadat Hossain, the association chairman. The sector was just starting to grow, bolstered with some Tk 2,000 crore in investments, he said.

Country's export earnings register a healthy growth of 13.73 percent totaling $2,749.34 million in this November against $2,417.43 million fetched during the corresponding period last year.