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Political uncertainty in Bangladesh is causing garment orders to relocate to India. Bangladesh’s political unrest is changing the global supply chain, which helps India. India has received more orders for clothing exports since the crisis in Bangladesh started. The Hindu, an Indian daily, reported this information.
Political uncertainty in Bangladesh. According to the newspaper, October’s clothing exports increased by 35%, according to trade data the Indian government provided last Thursday. Exports of textiles increased by 11.56% as well. The Indian Textile Confederation’s chairman, Rakesh Mehra, stated in a statement that a number of factors are propelling this development. These include the rise in India’s proportion of textile and apparel exports to the US market, encouraging government policies, and the country’s rise to prominence as a favored supplier location.
