Listing out the advantages that Bangladesh exporters have over India he said "first and foremost is the lower manufacturing cost due to cheap labor, simplified labor laws; economies of scale because of bigger and larger manufacturing units; availability of fabric at competitive rates and the last simplified procedures in Bangladesh".

Global countries are facing major downslide in their economies due to the slowdown in US, which proves to be the biggest importer of clothes. Amidst the entire slump, performance of Bangladesh in the global clothing market has come under the limelight. Textile manufacturers of Bangladesh are likely to remain competitive in the global market in the years to come.

References:

1. http://www.thedailystar.net
2. http://www.textileworldasia.com