MSMEs are called the powerhouse of the Indian Economy. They contribute 27% to India’s GDP, provide over 11 crore jobs…
- Op-Ed
Bangladesh's ready-made garments (RMG) sector has contributed hugely to the country's transformation since the Multi-Fibre Arrangement (MFA), which set quotas on garment exports from newly industrialised Asian countries into the US, enabled a race to capture apparel share trades. China's loss of share in garments is likely to accelerate, and India is being encouraged to target at least $100bn of the $500bn global RMG trade. The initiative could catalyse investment and employment if employment-linked incentives are offered in India's poorer states.
- April 9, 2023