Home / Knowledge / News / Apparel/Garments / Bangladesh surpasses India in knitwear exports
Bangladesh surpasses India in knitwear exports
21
Oct '11
Bangladesh has surpassed India to become the second largest knitwear exporter in spite of the country buying yarn from India at a premium. High cost of labour, energy and water are taking a toll on Indian knitwear industry though the country has a good raw material base.

In 2005, both India and Bangladesh had around 2.5 percent market share in global knitwear trade. But, since then Bangladesh progressed to overtake India and emerge as the second largest knitwear exporter after China. Currently, China's knitwear exports account for 33.5 percent of the world market.

In T-shirt exports, Bangladesh is ranked first globally, while India is placed fifth. In exports of kidswear, Bangladesh occupies second position compared to India's fourth place. Similarly, in case of exports of cardigans and pullovers, Bangladesh is at second position as against India's tenth.

The knitwear industry in Bangladesh operates under both small and large units. The small units have around 100 stitching machines on an average, while the large units house around 1,000 stitching machines. In addition, contract labour is allowed in Bangladesh. In contrast, the cost of labour, energy and water is higher in Indian knitwear clusters of West Bengal and Tirupur.

In fact, Tirupur knitwear cluster is currently under crisis due to the closure of processing units from January this year. As a result, some manufacturing units have opted to outsource their wet processing operations to other States in the country like Punjab and Gujarat, resulting in a two-fold increase in their dyeing costs. This has also affected the export competitiveness of Tirupur knitwear cluster.

The cost advantage enjoyed by Bangladesh would also enable the country to supply its garments to India at a cheaper price. The recent increase of the quota-free export limit to 10 million garment pieces from Bangladesh to India will further boost Bangladesh's knitwear exports to India. This would further affect the Indian knitwear industry.

Fibre2fashion News Desk - India


Must ReadView All

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

India’s GDP expected to grow by 7.7% in Q1 2018: Report

Textiles | On 21st May 2018

India’s GDP expected to grow by 7.7% in Q1 2018: Report

India’s gross domestic product (GDP) is expected to grow at the rate...

Courtesy: OmniBloq

Textiles | On 21st May 2018

Bolger & O’Hearn to display OmniBloq DWR at Techtextil

Bolger & O’Hearn, a leading specialty chemical company, will showcase ...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search