Bangladesh is likely to face more hurdles in the race to grab a bigger share of the global apparel market as the Indian government plans to step up its financial assistance to garment exporters.
Having become the world’s second largest source for apparel items after China, Bangladesh is now pushing for the top spot by adding more value-added products to its export basket.
There could be a strong rebound in the inflow of work orders for garment items from international retailers and brands in the coming seasons as the global economy is slowly making improvements from sluggish trends while the country could witness stability, buyers said.
Bangladesh is likely to face more hurdles in the race to grab a bigger share of the global apparel market as the Indian government plans to step up its financial assistance to garment exporters.
Having become the world’s second largest source for apparel items after China, Bangladesh is now pushing for the top spot by adding more value-added products to its export basket.
There could be a strong rebound in the inflow of work orders for garment items from international retailers and brands in the coming seasons as the global economy is slowly making improvements from sluggish trends while the country could witness stability, buyers said.
