India gets straight benefits in Garment exporting due to Unrest in Bangladesh
India’s readymade garment exports surged by 17.3% year-on-year in September, benefiting from political instability in Bangladesh, one of the world’s top apparel exporters, according to The Telegraph. This growth occurred despite global challenges like inflation and supply chain disruptions that have slowed other major garment-exporting nations.
Sudhir Sekhri, chairman of the Apparel Export Promotion Council (AEPC), highlighted that India’s RMG sector has thrived amid global headwinds, with the unrest in Bangladesh creating opportunities. Factory closures and delivery delays in Bangladesh have allowed Indian exporters to capture monthly orders worth $200-250 million in the short term.
Indian garment makers are seizing the moment, leveraging operational efficiencies and backward integration to gain a permanent market share from Bangladesh. With brands seeking more reliable sourcing alternatives, India’s global presence is expanding. To further build on this momentum, India plans to participate in international fairs and host Bharat Tex 2025, a key event in the apparel industry. The AEPC also plans roadshows in Spain and New York to showcase India’s trade capabilities and heritage.
Mithileshwar Thakur, AEPC’s secretary-general, emphasized that India is increasingly seen as a preferred sourcing destination, especially in countries with which India has signed free trade agreements (FTAs), creating new avenues for growth in RMG exports.
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