India will provide 50 acres of land in Gujarat to Bangladeshi businessmen to build a warehouse from which apparel items can be shipped directly to retail shops across India.
The development comes after a team of Bangladesh Garment Manufacturers and Exporters Association led by its President Atiqul Islam placed the demand to Indian Prime Minister Narendra Modi during his recent visit to Dhaka.
Modi discussed the matter with his policymakers upon returning to New Delhi and decided to provide the land.
The move will help garment makers meet their target of exporting $1 billion worth of products to India in the next three years.
The deputy Indian high commissioner in Dhaka has now sought a proposal from the BGMEA.
Islam said the proposal will be submitted to the Indian high commissioner on Sunday.
