business bangladesh faces rs 6 600 crore hit due to indias curbs on trade

Bangladesh Faces Rs 6,600 Crore Hit Due To Indias Curbs On Trade

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New Delhi: Indias decision to restrict imports from Bangladesh is expected to hit goods worth $770 million (Rs 6,600 crore) that flow in through the cross-border trade points with the neighbouring country. Readymade garments, valued at $618 million (Rs 5,290 crore), now face strict routing through only two Indian seaports. This severely limits Bangladeshs most valuable export channel to India, said Ajay Srivastava, founder of think-tank Global Trade Research Initiative (GTRI). The other g