Bangladesh Garments Are Duty-Free Into &Nbsp; India Textile Enterprises Are Facing A Threat.

Not long ago,

India di Rupp, a textile enterprise representative, pointed out that

At present, Bangladesh imports yarn and fabrics from many countries, such as China, Korea, Taiwan, Thailand and India.

Some India enterprises believe that only the garments made of India yarns and fabrics should be given the duty free import right, while the garments produced from other countries' raw materials should be subject to a 20% tariff.

According to TEA, the export of Bangladesh clothing is now higher than that of India at present.

In the fiscal year 2010/2011, Bangladesh exported 15 billion US dollars in clothing and 11 billion 160 million dollars in clothing exports in India.

The association pointed out that the textile industry in India will face more severe competition. The implementation of the proposal may affect the employment of 35 million India textile workers and the fate of a large number of small and medium-sized garment factories.

In India, the textile and garment industry provides the main employment.

Due to the possibility that the monk tax exemption mechanism may have an adverse effect on the local textile industry, the India Textile Federation has applied to the government for reconsideration of the specific implementation of the mechanism.

Bangladesh garment manufacturers and Exporters Association said that in the 2010/2011 fiscal year, Bangladesh's clothing exports amounted to 19 billion US dollars.

Among them, clothing exported to India amounted to 35 million dollars, which accounted for only 28 billion of India's clothing.