News / India takes RMG market share from strife-ridden Bangladesh

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Indian apparel industry stakeholders appear to have tasted some early incremental gains from the turmoil plaguing Bangladesh trade after the recent political upheaval that dethroned the government.

According to the latest data, India’s ready-made garment (RMG) exports, by value, in August surged 12% year on year, the highest monthly expansion in the fiscal year that began in April.

“While the global garment sourcing [sector] is realigning, we are ready to play a significant role,” said Sudhir Sekhri, chairman of India’s Apparel Export ...