Finshots Daily

Can the Indian garment sector bounce back?

6 snips
Aug 12, 2024
The Indian textile stocks are experiencing a surge, fueled by political turmoil in Bangladesh, opening doors for Indian firms. The podcast explores Bangladesh's rise in the global garment market post-2005 but highlights India's stagnant export performance. It discusses the challenges India faces in competitiveness, emphasizing outdated practices and high costs. Moreover, listeners gain insights into necessary reforms for revitalizing the garment industry. Additionally, a bonus segment addresses the alarming rise in train accidents, linking them to infrastructure neglect and budget cuts.
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