Bangladesh’s apparel exports to India have grown significantly in the last two years. The country has duty-free access to the Indian market. India's exports to Bangladesh are also growing. Bangladesh is a major importer of cotton and active pharmaceutical ingredients from India.

Bangladesh is developing special economic zones for Indian investors. A river cruise between Bangladesh and India will begin from March this year. The value of Bangladesh’s knitwear exports rose 107 per cent in July to December 2018 compared to July to December 2017. The value of woven exports rose 161 per cent.

India has been growing into a big potential market for Bangladesh’s apparel exporters. Last fiscal, Bangladesh’s apparel exports witnessed a 100 per cent gain in India – a trend which is continuing through to this year and expected to rise. India recently introduced a uniform taxing policy across its states – lifting a major trade barrier and proving a boon for business. Also, international brands and stores are opening up in India, which demand more apparel products from Bangladesh.

Also, many renowned fashion brands are exploring Indian market now – opening outlets across states. These fashion brands and outlets are demanding apparel items from Bangladesh.