The Bangladesh political crisis has started resulting in more enquiries for Indian apparel exporters from leading global brands like Tesco, Decathlon, JCPenney, GAP and Walmart and these could convert into higher exports in early 2025, said industry sources.
However, to capture the market share and seize opportunities arising from supply chain reorientation due to Bangladesh’s challenges and also US President-elect Donald Trump’s tariff threat to China, the government must step in with appropriate support, Mithileshwar Thakur, Secretary General, Apparel Export Promotion Council, told businessline.