Indian entrepreneurs can invest in Bangladesh’s weaving sector. The country offers numerous opportunities as local weavers cannot meet the demand for fabric due to inadequate production capacity. Spinners are able to supply 90 per cent of the yarn needed for knitting sector, while weavers can meet only 40 per cent of the demand for fabric in the garment sector.

The garment sector in Bangladesh would benefit if Indian entrepreneurs set up weaving factories in Bangladesh as local businesses have to import fabrics at present, which is time consuming. India is looking for investment opportunities in the textiles sector. The total fabric requirement is about three billion yards, of which 85 to 90 per cent is imported from countries like China, India, Hong Kong, Singapore, Thailand, Korea, Indonesia and Taiwan. Fabric demand is increasing at the rate of 20 per cent per year.

Textiles and readymade garments represent a significant portion of Bangladesh’s economy, accounting for more than 60 per cent of the country's industrial labor force and more than 80 per cent of its annual exports by value.

Bangladesh is the world's second largest readymade garment exporter. It is courting investment to diversify its manufacturing base, currently focused on textiles, to include low end electronics and automobile assembly.