Textile News, Apparel News, RMG News, Fashion Trends
Trade & Business

Bangladesh’s apparel gains lead in Indian market

In January to September period of the 2021 calendar year, Bangladesh’s apparel export in the Indian market has gained a whopping 67.64% growth. By earning $318.56 million in that period – Bangladesh becomes the 2nd  biggest clothing exporter in the country.

Top-3-apparel-exporte-India-January-September-2021

According to Ministry of Commerce and Industry (India) data, Bangladesh exported knitwear worth $124.56 million, growing by 109.03% in January to September period. While woven garments witnessed 48.73% growth, earning $194 million.

The Ministry of Commerce and Industry data also revealed that India imported $777.35 million apparel in January to September 2021 period, noting 25 percent Y-o-Y growth. In the garments, both knitwear and woven segment grew by 53.12% and 6.75% respectively in the period.

Apart from Bangladesh, China exported $183.21 million, decreasing by 22.13%. which signifies that India is shifting out of China sourcing.

Spain exported $68.03 million in the period.

If anyone has any feedback or input regarding the published news, please contact: info@textiletoday.com.bd

Related posts

India and Poland are new billion $ export markets for Bangladesh

Textile Today

India small textile units are in trouble due to pandemic

Textile Today

UNIQLO to launch its first store in India

Textile Today

Latest Publications

View All