diary:2024-11:2024-11-24
2024-11-24
- India has done little to clear away hurdles for labor-intensive manufacturing
- Manufacturing: 17% of GDP two decades ago, 13% in 2023
- India has 65 million manufacturing jobs
- Annual apparel exports in 2023: {India: \$15 B, Bangladesh: \$38 B, Vietnam: \$30 B}
- The U.S. and Europe are the world's biggest apparel buyers
- Bangladesh’s clothing exports enjoy duty-free access the U.S. and Europe
- Factories in India with over 100 employees require government permission to fire workers. Those with at least 50 female workers must set up an on-site nursery. Adding a second shift to turnaround large orders quickly also requires prior government approval.
- Bangladesh's main trade group, the Bangladesh Garment Manufacturers and Exporters Association
- Nearly 60% of Bangladesh factories have 3,000 workers or more, compared with an average of 150 workers per factory in India.
- technical fabrics for automobiles and accessories
- Trump canceled India’s special trade status in 2019
diary/2024-11/2024-11-24.txt · Last modified: 2024/11/24 15:07 by raju