Apparel Sourcing Week will be held in Bangalore from March 15 to 16, 2019. It will break the glass barrier on a key doubt that many manufacturers in Bangladesh are having. Is the Indian retailer/brand prepared for international sourcing?
The event will create an opportunity for discussion on a mature platform to enhance the future potential of mutual trade between natural partners – India and Bangladesh.
Besides being among the fastest growing retail markets of the world, India is also home to the best sourcing professionals in the global apparel network. All key positions in buying and sourcing are being handled by people who have years of experience in international business. These experts have brought in systems that are supporting a smooth transition from an unorganised buying/sourcing module to a very professional approach to the process.
H&M’s India office is buying huge quantities of undergarments from Bangladesh for its India stores. The Swedish global fashion giant which has committed Rs 700 crores towards FDI in India has 31 stores in India and last year H&M, which is also available online, did a business of Rs 940 crores in India. Indian retailers are aggressively increasing their sourcing from Bangladesh and many others are seeking the right partners to work with.