Indian exporters' worries increased due to crisis in Bangladesh

06-Aug-2024 06:45 PM

New Delhi. In view of the serious crisis arising out of the so-called violent student movement in Bangladesh, Indian exporters' worries and difficulties have increased.

Exporters whose manufacturing units are operational in both the countries are thinking of processing export shipments from the Indian unit so that the orders of foreign importers can be fulfilled.

Even though the importers have signed a contract with the Bangladesh unit, its delivery can be done from the Indian unit.

It is worth noting that curfew is imposed in the entire Bangladesh, along with ports, railway stations and inland container depots, factories and business establishments have also been closed. Road border routes are also closed.

In such a situation, it is not possible to export any product from the establishments of Indian exporters located in Bangladesh.

On the other hand, Indian exporters want to maintain the trust of foreign importers, so they are considering ways to deliver it from the establishments in India. Exports from India to Bangladesh have also come to a halt.

After weeks of anti-government protests and violent clashes between police and protesters, Bangladesh's Prime Minister finally resigned and has now returned to India.

Despite curfew in Bangladesh, the period of violence and disturbance is not over yet, due to which Indian exporters are not getting success in sending goods there.

A shoe manufacturing company is also stuck in this. It had to export to America and Europe from its Bangladesh unit,

but it is not possible from there. A textile businessman from Gujarat used to import clothes and yarn from Bangladesh and export them, but now he has stopped. Bangladesh is India's 25th most important trading partner.