News / Unrest in Bangladesh may offer an opportunity for India's RMG exporters

Photo: © Tanvir Shovon

Indian apparel exporters with ambitions for greater market share have spotted an opportunity, as sources believe the production lines and exports from Bangladesh will remain disrupted in the wake of the latest political flare-ups.

“For trade development, a lot depends on long-term political stability and harmonious business conditions,” one north India-based apparel exporter told The Loadstar.

Indian ready-made garment (RMG) exports by value in the just-concluded fiscal year 2023-24 saw a steep decline of 10.3%, year on year, ...