Apparel Online Bangladesh Magazine September Issue 2018 | Page 8

FROM THE EDITOR-IN-CHIEF’s DESK… India retail beckons… For years, the industry has been talking about developing newer markets to counter the slowdown and stagnation in the traditional markets of the US and Europe. And now it is finally happening… Among the markets being considered are China, Japan and India. All three countries have a trade agreement with Bangladesh, and many companies are already exploring the potential of each. Of course, Japan is still the most difficult as the market is small and the products required are very high-end, both in quality and design. The real focus today is on China and India…, there are pluses and minuses of both. While many argue that Chinese market is more organised, it cannot be denied that the cultural and language difference is a huge challenge. EDITORIAL TEAM Also, the Chinese market is fed by a huge local domestic manufacturing set-up; besides, the international market is also looking at the growing local market, hence there is competition in many categories. EDITOR-IN-CHIEF Deepak Mohindra EDITOR Ila Saxena DEPUTY EDITOR Deepankar Shyam COPY EDITOR Veereshwar Sobti The same is not true in the case of India. In fact, working with India, is almost like doing business with a brother…; the basic ethos is the same and most Bangladeshi exporters are comfortable travelling to the country. Many are familiar with the growing retail market, visiting the country often for short shopping sprees. ASST. COPY EDITOR Sahil Sehgal SUB EDITOR Priyanka Mishra CREATIVE TEAM Raj Kumar Chahal Peeush Jauhari Satyapal Bisht Admittedly, many challenges remain, but there is no denying that the sourcing process of most Indian brands and retailers has improved significantly, more so as top professionals from international buying operations take the reigns of the sourcing/ buying process into their hands. PHOTO EDITOR Gaurav Naroola OPERATION DIRECTOR Mayank Mohindra PUBLISHER & MANAGING DIRECTOR Renu Mohindra [phone], 01964874405 [email protected] The Indian brands/retailers too understand the significance of sourcing from Ban