Home / Knowledge / News / Apparel/Garments / B'desh garment exports to India to surge this fiscal
B'desh garment exports to India to surge this fiscal
Feb '12
Spurred by the duty-free access given to its garment items, Bangladesh's garment exports to India are likely to touch US$ 0.5 billion and its overall export volume to India is estimated to grow by almost two-fold to US$ 1 billion by the end of current fiscal, the Indo-Bangladesh Chamber of Commerce and Industry said.

Speaking on the sidelines of a Bangladesh, China, India and Myanmar (BCIM) Business Forum meeting held in Kolkata, Chamber President Abdul Matlub Ahmad informed that during last fiscal that ended on June 30, 2011, Bangladesh exported around US$ 500 million worth of goods to India, with an insignificant share of garment items.

However, pursuant to the Indian Prime Minister Manmohan Singh granting duty-free entry to 46 Bangladeshi textile and garment items in September 2011, Bangladeshi exports to India are growing and are likely to double by close of the current fiscal, he said. Bangladesh's garment exports to India are expected to rise to US$ 0.5 billion during the period, he noted.

Mr. Ahmad, who also heads the Nitol-Niloy Group as Chairman, is establishing two 100-acre Special Economic Zones (SEZ) in Bangladesh – a garment SEZ in Kishoregunj near Dhaka, and a multi-product SEZ at Chattak in Sylhet.

Mr. Ahmad revealed that the two industrial zones are mainly aimed at attracting Indian apparel manufacturers, and they are receiving positive response for the same.

Indian apparel producers now have an opportunity to team up with Bangladeshi firms and make Bangladesh their new low-cost production base, he added.

He said the joint-venture firms can ship their products duty-free to India and many other countries, from their Bangladeshi production base.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

German technology to help in energy saving in textiles

German technology can play a major role making the environment...

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search