Related Keywords: Bangladesh, Bangladesh Garment Manufacturers and Exporters Association, Dhaka manufactures, enter Indian market, Federation of Bangladesh Chamber of Commerce and Industry, garment distribution, largest garment exporter, nodal logistics hub, sell apparel, set up store retail chain, Western buyers
Bangladesh, the world's largest garment exporter, wants to enter the Indian market, which was opened up some years back by removing all tariffs on Dhaka's manufactures. Moreover, with Western buyers increasingly demanding higher labour and safety standards, besides lower prices, Dhaka has long been eyeing the Indian market.
A group of Bangladeshi industrialists intend to set up a 1,000-store retail chain in India to sell apparel produced by the neighbour's $24-billion readymade garment industry. Their aim is to turn into a billion dollar retail chain within five years.
