Bangladesh import curbs won't hurt Indian textile majors, say experts

Experts say India's ban on land-route textile imports from Bangladesh will likely boost domestic sourcing, with minimal disruption to large retail companies

India’s decision to ban imports of several items like textile goods from Bangladesh via land routes is unlikely to have much impact on domestic retail majors, said top industry sources. According to experts, Indian companies can easily replace Bangladeshi goods through domestic sourcing, as the quantity is minimal.

 

According to the Indian Texpreneurs Federation (ITF), an industry association, India imported around $618 million worth of woven and knitted apparel from Bangladesh during the 11-month period up to February in the last financial year.

 

Bangladesh’s share in India’s apparel imports stands at around 35–40 per cent. “Due to the zero-duty advantage,