By Nababchy, Asia Correspondent
Dhaka- Political unrest in Bangladesh is not new, but the current situation poses a significant challenge, especially for the country’s export sector. International buyers are increasingly looking for alternative markets, creating opportunities for countries like India.
Raymond is poised to take full advantage of this opportunity. The company not only has the capacity for large-scale textile production but also enjoys a strong reputation for quality in the international market. This trust has attracted global buyers towards Raymond.
Gautam Hari Singhania emphasized that the current scenario could be highly beneficial for them, and they are keen on not letting this opportunity slip by. The shift in buyers from Bangladesh to other markets has provided Raymond with a chance to expand its business.
Bangladesh’s export sector is visibly impacted by the ongoing political instability. Indian company Raymond sees this as an opportunity to expand its market presence by stepping into the void left by Bangladesh’s challenges. With their robust preparation and established reputation in the global market, Raymond is well-positioned to turn this situation into a profitable venture. However, whether this will have a lasting impact remains to be seen.
