Home / Knowledge / News / Apparel/Garments / India hikes quota on RMG imports from Bangladesh
India hikes quota on RMG imports from Bangladesh
Apr '11
India will increase the duty-free quota by 25 percent on export of clothing from Bangladesh to India. Along with which it will also remove duty on jute imports.

All this will help Bangladesh reduce the trade deficit in its trade with India, said the visiting Indian Minister of Commerce, Mr Anand Sharma after meeting his Bangladeshi counterpart, Mr Mohammad Faruk Khan in Dhaka.

Mr Sharma said, “We have removed countervailing duty on jute and hiked quota on readymade garments imports from Bangladesh from eight million to ten million.”

He added by saying, “Our engagement with Bangladesh and the growing economic partnership, will bring rewards for both countries, creating job opportunities and bring in prosperity and inclusive growth”.

However, reacting to the statement from Mr Sharma, Mr Khan said, “The 25 percent rise in the textiles quota is peanuts. I am pitching for 61 duty free items and am looking forward to it”.

The current bilateral trade between the two countries is around US $3.5 billion.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Textiles | On 27th Oct 2016

Fischer Konzept installs sixth Zünd digital cutter

Fischer Konzept, German developers of individual packaging solutions...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Ashok Desai
Bombay Textile Research Association

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

Eamonn Tighe
Nature Works LLC

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner

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

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