Jiangsu Palm International Co., Ltd.

Jiangsu Palm International Co., Ltd.

Who Will Be the Footwear Supply Replacement Country of China? Bengal? (5)

2017 11/15

Let's have a look at the favorable and unfavorable factors of Bengal.


Favorable factors:

Cheap and abundant labor force;

Attractive tax policy;

A certain supply of local leather;

Adjacent to the South Asian Ocean waterway.


Unfavorable factors:

corporate social responsibility / political issues - strikes, demonstrations and so on;

Leading time longer than China;

Most of the equipment investment depend on import;

Only a few of Chinese investors, such as Xinchang, Stella and Baoji Chengdu dare to try.