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Home > All news > Business, Export Import > Bangladesh Crisis is an advantage to Tiruppur Textile Industry

Bangladesh Crisis is an advantage to Tiruppur Textile Industry

August 7, 2024
Reading Time: 2 minutes
textile in india

DHAKA : With the crisis in Bangladesh intensifying, the textile sector, which contributes a lion’s share of its exports, is likely to be a victim of the turmoil, with international buyers shifting their focus to alternative markets like India.

India’s gain will be an additional business of $300 million to $400 million per month if 10-11 per cent of the neighbouring country’s export is diverted to Indian hubs like Tiruppur, say industry experts.

“We expect orders may start coming to Tiruppur, and this financial year, they are expected to be . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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