
Amidst fresh rounds of pandemic-related lockdowns in Southeast Asia and manufacturing disruption in China due to the energy crisis, global sourcing giants are tirelessly looking for alternatives before the holiday season at the end of this year even as Bangladesh and India are high on the list of major brands from the USA and the European Union as they look for new sources, even if both these countries offer alternative production capacities, and shorter lead time to fill those gaps.
The Quality Inspection Management (QIMA) — QIMA is a provider of supply chain, compliance solutions and quality control audit in the apparel and textile sectors — maintained this in a recent article, as per reports.
Further, thanks to the surging coronavirus cases and subsequent lockdowns, Vietnam, which gained significantly amidst the US-China trade war even as it successfully managed to control the spread of COVID-19, suffered a downhill slide in the third quarter this year, reportedly, maintained QIMA in the article even as it added that despite losing interest in China, brands and retailers from US and Europe are expanding in multiple South Asian sourcing markets while also underlining that compared to 2019, the growth rate in Bangladesh and India is 66 per cent and 81 per cent, respectively, in the first half of this year and subsequently maintained that it would be interesting to see if Bangladesh and India can continue to pick up the sourcing shortfall to meet growing demand as Western economies emerge from retail hibernation even as the peak holiday season is hindered by unprecedented supply chain chaos.






