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Retailers In India Welcome Expanding Bangladesh'S Textile Imports

2011/9/14 16:26:00 26

Retailers Import Textiles

Although the domestic garment industry allows more Bangladesh textiles to the India government.

tariff

I am very disturbed to enter India, but the interest of India garment manufacturers is increasing.


In the past few years, 17 kinds of textile and clothing products, including non-woven fabrics and bottoms, have been allowed to enter India without customs duties. Now, the duty free basket has been extended to 48 products, including

T-shirt

And knitted garments, these products were not allowed to be imported customs free earlier.


Insiders say that

The People's Republic of Bangladesh

Labor is 25% cheaper than India.

Considering all other costs, the final products of Bangladesh are 15% cheaper than India products.


Earlier, Bangladesh was seen as a low-cost destination, and today Bangladesh has improved its product mix, fashion and quality, according to industry sources.

Quality brand


At present, India allows annual tariff free import of 100 thousand products (two years ago, the quota is 7 million).

The government of Bangladesh has asked to increase the number of tariff free imports to 15 million.


 
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