Advantage India! As West moves away from China & Bangladesh, India’s apparel exports see big growth; $120 billion US market biggest opportunity
India's apparel exports are experiencing robust growth, driven by Western buyers seeking alternatives to Bangladesh and China. A significant 11.3% year-on-year increase in May signals a recovery from post-pandemic stagnation. Duty advantages over China and political instability in Bangladesh are further fueling this surge, presenting a major opportunity for Indian manufacturers in the US market.
India's apparel exports are experiencing robust growth, driven by Western buyers seeking alternatives to Bangladesh and China. A significant 11.3% year-on-year increase in May signals a recovery from post-pandemic stagnation. Duty advantages over China and political instability in Bangladesh are further fueling this surge, presenting a major opportunity for Indian manufacturers in the US market. What's Your Reaction?
