Bangladesh upheaval sparks opportunity for India's apparel sector.

The recent political upheaval and protests in Bangladesh have created an opportunity for India's apparel sector. Western brands are enquiring about the possibility of sourcing more from India due to concerns about Bangladesh's sourcing reliability. Mumbai-based CareEdge Rating predicts that India could sell an additional $200m to $250m in the near term and $300m to $350m in the medium term if the instability in Bangladesh continues. However, India's manufacturing infrastructure may limit the extent of any sourcing shift. [Extracted from the article]