Market digest

Tipu for increasing RMG export to India

Staff Correspondent

19 March, 2019 12:00 AM printer

Commerce Minister Tipu Munshi on Monday said Bangladesh would take initiatives to increase export of readymade garment (RMG) to Indian market.

“India wants Bangladeshi RMG to its market, but there are some problems . . . necessary measures will be taken to solve those after identification,” he added.

The minister revealed it after a meeting with newly appointed Indian High Commissioner to Bangladesh Riva Ganguly Das at his ministry office.

Terming India as a big market, he said Bangladeshi RMG has good demand in India that is why Bangladesh is trying to increase the export of apparel items to grab the opportunity.

Besides, about the India-Bangladesh Border Haat, the commerce minister said it [border haat] has created huge enthusiasm among the people of both countries.

“Process is going on to set up another six border haats along with expansion of purchase limit and periphery of the border haat,” he said referring to the popularity of existing four border haats.