The basic raw material of the textile sector is cotton. Cotton is commonly known is “Kapas Tula” in Bangladesh. The annual requirement of raw cotton for the textile industry of Bangladesh is estimated at around 2.5 million bales. Local production is only about 0.1 million bales. Around 4-5% of the national requirement is fulfilled through the local production, remaining 95-96% is fulfilled by importing raw cotton from India, CIS (Commonwealth of Independent States) countries, the United States of America and African countries. As per the latest information, within total cotton import, 46% comes from India and 20% from the African region and different cotton growing industries.