Ongoing Political Crisis in Bangladesh May Affect Indian IT Companies
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Indian companies operating in Bangladesh could face significant challenges due to the ongoing political crisis following the ousting of Prime Minister Sheikh Hasina. ?????? Many Indian firms have a substantial presence in Bangladesh's IT and technology sectors, and the intensified political instability could severely impact their operations and investments. ????.
India’s trade with Bangladesh is notable, with exports totaling $11 billion, accounting for 1.4% of India’s total exports, and imports at $1.8 billion, representing 0.2% of India’s total imports. ?????????? Bangladesh is India’s 25th largest trading partner, with bilateral trade reaching $12.9 billion. ???? However, there has been a 9.5% decrease in India's exports to Bangladesh in FY24, as reported by Business Standard. ????
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