Indian North-East buyers welcome Bangladeshi products-Texglobe

Millions of fashion-conscious residents of North-Eastern states in India are excited to learn about recent duty-free access facilities accorded to Bangladeshi products, including textile items, which will not be flooding in the North-Eastern markets, as Bangladeshi products are cheaper in price and much superior in quality, comparing to those manufactured in India. Bangladeshi textile products already remain much ahead of the products manufactured in India, because of superior craftsmanship in Bangladeshi factories. Moreover, Bangladesh updates the latest trend and design almost on a daily basis, keeping eyes on the international market. That has possibly placed Bangladesh in the leading position as textile product exporters in the world.

The traders in North Easter states in India believe that once Bangladeshi goods enter the Indian market, the retail prices of garments there will fall by 20-30 per cent because of the cheap labour and low production cost of goods in Bangladesh. Moreover, transportation cost of Indian textile products to the North-East is much higher than the transportation cost of Bangladeshi products to those markets. In addition to denim items and fashion textiles, Bangladesh will also have a huge market of cotton lungi and Bangladeshi Jamdani saree to this market. Leaders of Bangladeshi textile products are seeing a new scope of exporting textile products worth US$ 2-3 billion in the North-Eastern part of India as well as Nepal and other neighboring countries, under the current trade benefit accorded by the Indian government. Importers and traders in the North-Eastern states in India will also find interest in buying various types of stock lots of textile items from Bangladesh.

In addition to the textile items, Bangladesh will also be able to export its world-class ceramic items to the North-Eastern states in India. Bangladeshi ceramic items are currently exported in a number of Western countries as well as America and the Middle East.