Reported 2 months ago
The ongoing political turmoil in Bangladesh, marked by violent protests and a leadership crisis, has led to a surge in share prices of Indian textile manufacturers, as investors bet on increased market share for these companies. With Bangladesh's textile export capabilities hindered, Indian firms like KPR Mill and Arvind Ltd. anticipate gaining from potential supply chain disruptions. The crisis presents an opportunity for Indian exporters to fill the void left by Bangladesh, the world's second-largest textile exporter.
Source: YAHOO