In 2023-24, Bangladesh’s apparel exports to India reduced by around 30 per cent, so focusing more on the D2C brands can be a good option for the country to increase their market share in India.
There’s a big opportunity for RMG exporters right next door. With a value of over US $ 102 billion and growing at a 4 per cent CAGR, India’s apparel retail market is the third largest in the world.
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