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Retailers In India Welcome Expanding Bangladesh'S Textile Imports

2011/9/14 16:26:00 26
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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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