Bangladesh Crisis: Textile Orders Likely to Shift to Indian Hubs Like Tiruppur

Bangladesh Crisis: Orders for textiles are expected to go to Indian centers like Tiruppur

As the crisis in Bangladesh intensifies, the textile sector, which significantly contributes to the country's exports, is likely to suffer. International buyers are expected to shift their focus to alternative markets such as India.

Industry experts predict that India could gain an additional $300-400 million in business per month if 10-11% of Bangladesh's textile exports are redirected to Indian hubs like Tiruppur.

“We anticipate that orders may start coming to Tiruppur, and this financial year, we expect at least a 10% increase compared to last year,” said K M Subramanian, president of the Tiruppur Exporters’ Association.

Bangladesh’s monthly apparel exports range from $3.5-3.8 billion, holding a significant market share in the European Union and the United Kingdom, and about 10% in the United States.

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