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CMAI raises concerns over Bangladesh supply chain disruptions

  

The Clothing Manufacturers Association of India (CMAI) has voiced concerns about the recent instability in Bangladesh, which has disrupted the supply chain for several weeks. However, the CMAI remains optimistic that the disruptions may not severely impact Bangladesh's garment industry due to strong business relationships and existing orders.

Despite this optimism, the CMAI warns that prolonged instability could have lasting effects on Bangladesh's industry and could also impact India. Indian exporters might see opportunities as international buyers seek alternative sources, and Indian brands currently sourcing from Bangladesh might shift some of their orders to domestic manufacturers. Conversely, India's exports of raw materials to Bangladesh could suffer.

Retailers and brands with franchise stores in Bangladesh have already experienced disruptions, which are expected to continue for another two weeks before normalcy is restored.

Rajesh Masand, President of CMAI, acknowledged the disruptions but expressed confidence that the garment industry, which makes up 80 per cent of Bangladesh's exports, is too crucial for the government to allow prolonged disturbances. He believes that with the new leadership and the military's influence, stability will return quickly. Masand noted that the newly appointed Prime Minister’s intellect and maturity would likely ensure the swift restoration of normal operations.

 
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