While there are a few (rather limited) and existing transactional opportunities with Indian brands sourcing from Bangladesh for the Indian market and also the Global and Indian brands dominating the value chain partners for global supply, larger cooperation could also look at to bridge the trade gap in Textiles between India and Bangladesh. It is to be noted that both India and Bangladesh have a lot to gain from each other in textiles because they have complementary strengths.
Why- India has always had a large Cotton value chain and is now gaining critical headway in laying out the synthetic value chain and this can assist both India and Bangladesh with diminishing reliance on the Far East and China in fostering an enormous amount of synthetic fabric and pieces of clothing. Also, India and Bangladesh are similar nations and with similar values and aspirations. Proximity should also lead to increased investments from both countries into each other. Govt. of both the countries can achieve mutual benefits through it and this would strengthen the bond between the two.