Indian government has restricted the import of readymade garments (RMG) from Bangladesh to two sea ports Kolkata and Nhava Sheva (Mumbai), effective this week. This shift ends the long-standing use of land routes like Petrapole, which previously handled 76% of such shipments. The change is
The government has withdrawn the trans-shipment facility that allowed Bangladesh to export goods to third countries via Indian land customs stations, ports, and airports. The facility, introduced in June 2020, enabled seamless cargo movement to nations such as Bhutan, Nepal, and Myanmar using Indian infrastructure. The Central Board of Indirect Taxes and Customs (CBIC), in
Despite the ongoing political turmoil in Bangladesh, the impact on India’s overall trade may be minimal. However, the crisis is expected to significantly affect India’s cotton sector, according to an analysis by Moneycontrol. India exports $2.4 billion worth of cotton to Bangladesh, a country that has rapidly established itself as a global textile hub. Data […]














