Related Keywords: apparel industry, Bangladeshi apparel exporter, yarn industry
The Bangladesh local garment exporters might face tough competition from India, after signing of the proposed Free Trade Agreement (FTA) between India and the European Union (EU) as India is negotiating with the EU, to get duty-free access to the market for apparel products. To face the emerging challenges, Bangladesh need to enhance its production capacity of yarn and fabric which will help local apparel exporters, industry insiders said.