SME Times is powered by   
Search News
Just in:   • India forex reserves rise to $703.3 billion amid West Asia tensions  • India-Japan partnership to unlock construction data for AI-led urban development  • Centre doubles down on enhancing safety in flying training institutes  • India, US make progress on key issues in bilateral trade talks  • Sensex falls 983 points, Nifty slips below 24,000 as oil spike hits sentiment 
Last updated: 11 Oct, 2018  

Handshake generic THMB 'Improved connectivity to boost India-Bangladesh trade'

India.Bangladesh.9.jpg
   Top Stories
» India forex reserves rise to $703.3 billion amid West Asia tensions
» Sensex falls 983 points, Nifty slips below 24,000 as oil spike hits sentiment
» Gross FDI flows to India accelerate to $90.8 billion, services sector dominates: Morgan Stanley
» Gold, silver rise up to 2 pc amid US-Iran ceasefire extension
» Crude oil prices down up to 2 pc as West Asia talks enter crucial negotiations
SME Times News Bureau | 11 Oct, 2018

Improved connectivity between India and Bangladesh will enhance bilateral trade between the two countries, said a top official of a Bangladesh industry body.

Improved connectivity between the two countries will help a lot in developing trade further, Jahangir Bin Alam, Secretary & CEO of Dhaka-based India-Bangladesh Chamber of Commerce & Industry (IBCCI), who visited Trade Promotion Council of India (TPCI) office in Delhi recently.

The recent thrust to rebuild those waterways and develop new routes to ease connectivity will not only be in the interest of bilateral trade between India and Bangladesh, but will also help Indian mainland to connect better with its own North Eastern States, he added.

CEO, IBCCI said that trade growth depends on the developmental progress of Bangladesh.

He further said that Bangladesh is growing and hence trade is increasing with India and the rest of the world.

India being an immediate neighbour with whom Bangladesh not only shares a long border but also culture, traditions and language will be looking towards India to import the items it needs, he said.

There is immense scope for increasing Food & Beverages (F&B) exports from India to Bangladesh, the official said

Presently, Bangladesh's total import of F&B from the world is $5016.4 million, out of which India is 5th in ranking with exports worth $332.4 million.

Bangladesh currently sources 17.2 % of its F&B requirements from Brazil, followed by Indonesia (12.1%), Canada (9.7%), Argentina (9.1%) and India (6.6%).

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.25
₹92.55
UK Pound
₹125.95
₹121.95
Euro
₹108.95
₹105.3
Japanese Yen ₹59.4 ₹57.6
As on 02 Apr, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter