Local labour strife to prove beneficial for Indian exporter
12 Jan '07
1 min read
The textile industry in Bangladesh developed methodically with good infrastructure. This permits them to offer products at a much cheaper rate compared to other Asian countries in the international market.
A lot of pressure on the work force has prompted to labour related issues and Bangladesh textile industry has started facing problems.
Now Bangladesh products will not be economical and bulk orders from the US and Europe importers might get diverted to the next possible source India.
This will prove beneficial for big exporters to get better business.