Monday, October 3, 2011

Garments - Bangladesh the new outsourcing hub


Garment manufacturing is slowly shifting from India to Bangladesh.

Garments is a labor intensive business and labor costs are gradually rising in India and China. Electricity is also a major contributor to costs. This is much cheaper in Bangladesh (though is quite erratic). A brief snapshot of the comparison.

Source: Mint, 3 Oct, 2011

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