Sign in | Join free

Low costs luring indian textile makers to bangladesh

Low costs luring indian textile makers to bangladesh Source:
Date: 19-10-2011
Visits: 261
Very Poor

Many Indian garment makers have shifted base or opened new units in neighbouring Bangladesh to take advantage of low labour cost and duty concessions on exports to US and European markets.

"Labour cost in Bangladesh is almost one-third of that in India. Average monthly labour cost in India is over Rs.7,000 per person, while it is just around Rs.2,500 in Bangladesh," said D.K. Nair, secretary general of the Confederation of Indian Textile Industry.

"More than 35 Indian textile firms have opened factories in Bangladesh so far, most of them in the recent months," Nair, who oversees the apex industry body for the $55-billion Indian textile industry, said

like 315 Unlike 35
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32366 Users
have already joined Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Enter the code
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
Members Login
Already registered
Forgot your password
golden fees
Enter your e-mail address
Choose your room