• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
news2

Apparel Buyers Turn to India Amid Supply Chain Challenges in Bangladesh

12/18/2024
Anwar Urges ASEAN to Enhance Economic Ties and Tackle Challenges

Anwar Urges ASEAN to Enhance Economic Ties and Tackle Challenges

05/23/2025
U.S. Government Explores Policy Options on Tariff-Related Price Increases

U.S. Government Explores Policy Options on Tariff-Related Price Increases

05/22/2025
Global retailers consider spreading tariff costs across markets

Global retailers consider spreading tariff costs across markets

05/22/2025
Walmart Will Absorb Some Tariff Costs, Says Treasury Secretary Bessent

Walmart Will Absorb Some Tariff Costs, Says Treasury Secretary Bessent

05/19/2025
Trump Administration Reaffirms Tariffs for Nations Avoiding Trade Talks

Trump Administration Reaffirms Tariffs for Nations Avoiding Trade Talks

05/19/2025
Apple Expands India Manufacturing Amid Uncertainty from U.S.-China Trade Shift

Apple Expands India Manufacturing Amid Uncertainty from U.S.-China Trade Shift

05/19/2025
Tariff Cuts on Chinese Imports Unlikely to Ease Prices or Product Shortages

Tariff Cuts on Chinese Imports Unlikely to Ease Prices or Product Shortages

05/19/2025
Companies Announce Price Increases in Response to New U.S. Tariffs

Companies Announce Price Increases in Response to New U.S. Tariffs

05/19/2025
APEC Adopts Joint Statement Highlighting Trade Challenges Amid Tariff Concerns

APEC Adopts Joint Statement Highlighting Trade Challenges Amid Tariff Concerns

05/19/2025
Trump Says India May Drop Tariffs, Urges Apple to Boost U.S. Manufacturing

Trump Says India May Drop Tariffs, Urges Apple to Boost U.S. Manufacturing

05/16/2025
Tariffs on Chinese Goods Expected to Stay High Through 2025

Tariffs on Chinese Goods Expected to Stay High Through 2025

05/16/2025
APEC Members Agree on Trade Statement Amid Tariff Tensions

APEC Members Agree on Trade Statement Amid Tariff Tensions

05/16/2025
supplychainreport
Friday, May 30, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Apparel Buyers Turn to India Amid Supply Chain Challenges in Bangladesh

by Mich M.
12/18/2024
in Security & Risk

The textile and apparel export hub of Tirupur, located near Chennai in Tamil Nadu, India, is experiencing a recovery following a period of production cuts and disruptions caused by a lack of orders.

Industry sources report that many textile units in the region, known as the ‘knitwear capital of India’, have reopened as new orders from global buyers are increasingly directed to India as an alternative to Bangladesh, where supply chains are facing significant difficulties.

YOU MAY ALSO LIKE

Social Media Videos Raise Questions on Luxury Goods Manufacturing, Prompt Denials and Investigations

Saviynt Unveils AI-Powered Identity Security Tool for Risk Management

According to KM Subramanian, president of the Tirupur Exporters’ Association (TEA), the business climate has improved after a challenging period marked by reduced demand due to excess inventory that was accumulated by buyers in anticipation of prolonged supply chain disruptions during the COVID-19 pandemic.

Subramanian stated that production in Tirupur has now reached nearly 90% of pre-disruption levels, and the region is preparing for a potential increase in demand across the garment sector.

The Tirupur cluster, which includes around 2,000 large factories and 20,000 ancillary units, provides employment to roughly one million people. As global buyers seek alternatives to Bangladesh suppliers, Tirupur’s export units are receiving inquiries from major brands across Europe and the United States. Among the interested European buyers are Primark, Tesco, M&S, Next, and Decathlon, while U.S. companies such as Gap, Walmart, and Costco are also looking at the region.

Subramanian also noted that compliance with mandatory requirements is crucial for securing orders, and he anticipates that Tirupur’s export turnover for the fiscal year 2024-25 will reach $5 billion, up from $3.9 billion the previous year.

Meanwhile, data from the Apparel Export Promotion Council (AEPC) shows that India’s ready-made garment (RMG) exports increased by 10% year-on-year in November. AEPC chairman Sudhir Sekhri attributed this growth to the increasing trust global brands have in Indian-made products, particularly from key markets such as the U.S. and the U.K.

The resurgence in garment exports is also expected to drive higher demand for air freight services from India. This growth is helping to fuel expansions in India’s airline fleet, including a recent 100-aircraft order from Air India. Industry observers believe that these fleet developments will improve air cargo efficiency, supporting further economic growth.

Meanwhile, Bangladesh’s apparel trade, which is a vital part of the country’s economy, is facing challenges due to supply chain issues, political instability, and ethnic tensions. These problems have affected trade relations with India, which had been a close ally under the previous government.

In response to these disruptions, the Maldives has emerged as a temporary air freight alternative for RMG exports to third countries. While the rerouting process faces hurdles, some industry sources report that the shift is gradually gaining momentum.

However, Indian forwarders note that it is difficult for Bangladesh shippers to replace Indian transshipment options with routes through the Maldives, as Dhaka’s air connectivity does not support the necessary volumes. Additionally, factors such as two-way cargo fill rates are important considerations for freighters, and the Maldives’ small market, primarily driven by tourism, presents challenges.

Despite these regional tensions, cross-border cargo from Bangladesh continues to flow through Indian airports, particularly Delhi’s air cargo complex. Furthermore, India’s Customs at Nhava Sheva port has recently updated an order allowing Bangladesh transshipment cargo, highlighting India’s efforts to maintain regional trade cooperation despite ongoing geopolitical issues.

Explore comprehensive supply chain news at The Supply Chain Report. Those interested in international trade can visit ADAMftd.com for free tools.

#ApparelSourcing #SupplyChainChallenges #IndiaTextiles #BangladeshManufacturing #GlobalFashionIndustry

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.