Commenting on the pressing situation in Bangladesh, Sudhir Sekhri, Chairman AEPC stated that, “Buyers are very concerned with the escalation of the civil unrest in Bangladesh. In the short term, fast fashion buyers have no option but to pull out their orders from Bangladesh and place them elsewhere.” Most of these orders are in man-made fabrics, purchased from buyer nominated sources in China, Korea and even Europe. Shifting these short-delivery orders using special imported fabrics to India is not viable, given India’s current import policies. Only orders in fabrics of Indian origin are expected to be shifted to Indian factories, he added.
