A decade before… in Textiles. China adopted Mass Production. India into customization. i.e Walmart and Zara. Indian Mills Arvind, Lakshmi, V...
Cotton Travels from Rajkot to Dhaka
Bangladesh buys yarn from India.
Yarn Travels from Coimbatore to Dhaka
Bangladesh buys chemicals from India.
Chemicals Travels from Ankleshwar to Dhaka
Bangladesh imports Machineries.
India has TUFS and subsidies at State and Centre level
Bangladesh does incur Power cost.
Bangladesh does incur Manpower cost but lower
Bangladesh Sells Garments to India at much much lesser price
Garments Travel to Kolkotta, Mumbai, Delhi, Chennai
Indian Mills make losses
Several jobs have been lost
TUF become meaningless
Mathematics does not work
Logics failed to understand
It is a magic called SAFTA(South Asian Free Trade Agreement)
Is it not an opportunity?
In future India can make trade agreements
Reverse way with all countries like Bangladesh did
So that our Employement in Textile Industry,
Equivalent to Bangladesh population
Will Prosper