Bangladesh’s FY24 garment exports were around 3.2 times of India’s, but this ratio was 2.5 times in Q1 FY25, reflecting India eating into the share of Bangladesh, CareEdge Ratings said.
India may gain around 6-8 per cent and 10 per cent of Bangladesh’s monthly export orders in the near term and medium term respectively if the unrest in the latter continues.
India may gain around 6-8 per cent and 10 per cent of Bangladesh’s monthly export orders in the near term and medium term respectively if the unrest in the latter continues.
