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Cheap Chinese imports via Bangladesh route hit local textile industry

Related Keywords: blanket, blazer, China exploiting and entering, comprising primarily MSMEs, difficult time to textile industries, finished fabrics, houses a number textile units, Indian market at cheap price, Industrial areas of Ludhiana in Punjab as well as Bhilwara in Rajasthan, Punjab Pradesh Beopar Mandal, routing through Bangladesh, shirting, suiting, yarn

China is exploiting and entering the Indian market at cheap price by routing its yarn and finished fabrics through Bangladesh route giving a difficult time to the textile industries at home, comprising primarily of the Micro, Small and Medium Enterprises (MSMEs), said Punjab Pradesh Beopar Mandal President PL Seth.

Seth said that since Bangladesh is exempted from paying any duty under the SAARC agreement, Chinese yarn and finished fabric is able to enter our markets through Bangladesh.

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