CNH Industrial India has emerged as the first company in India to export 100 agricultural tractors to Bangladesh in an inaugural run of a freight train from the Inland Container Depot (ICD) in Dadri, India.
India’s $2.4-bn assistance to Bangladesh railways and the initiative to link the NE via rivers and rail links through the neighbouring country are opening new frontiers in cooperation between the two countries.
Saida Muna Tasneem, the High Commissioner of Bangladesh to the UK talks to ‘India Global Business’ about what ties India and the UK together in their developmental mission for the South Asian nation. Indian Prime Minister Narendra Modi was among the special guests invited for the centenary celebrations for Bangladesh founder Sheikh Mujibur Rahman in Dhaka in March because India had an intrinsic role to play in the country’s liberation, according to Bangladesh High Commissioner to the UK Saida Muna Tasneem. However, that visit along [...]
While, historically, India’s bilateral relations with other South Asian countries have been unsteady, the past year has seen some tangible improvement. Highlights: Developments on waterways and energy between India and its neighbours demonstrate that regional engagement is both feasible and mutually beneficial. India’s relationship with the core BBIN group is finally shifting to a position in which it acts multilaterally. The 2019 Modi government’s domestic focus have raised concerns within South Asia. Enhancing regional trade would serve to stimulate the [...]
Pegged around a recent visit to Bangladesh, the Commonwealth Secretariat presents a vision of shared goals across the 53-member organisation. Secretary General Patricia Scotland recently shared her vision to ensure that the Commonwealth remains relevant and vigorous during “troubled and troubling times”. She was speaking at the Bangladesh Institute of International and Strategic Studies (BIISS) seminar during her first official trip to the country. Joining the Secretary-General, on the theme of “Commonwealth Advantage: Progress and Potential”, were Foreign Minister Abul Hassan Mahmood Ali and [...]
From Bangladesh and Africa to Israel and China, the footprint of India spread far and wide in recent months. Gloster plans foray into Bangladesh Diversified jute manufacturer and exporter Gloster Limited is planning to set up a unit in Bangladesh. The new unit will be a greenfield site and cater to the export market. Hemant Bangur, executive chairman, Gloster Ltd, said: “We are planning to set up a unit in Bangladesh for which we are talking to one of the [...]
A country-specific export strategy could turn the tide in India’s favour in the sector, explains an industry expert.
The world apparel trade stood at $445 billion in 2015 down by 8 per cent from previous year. India’s apparel exports grew by 3 per cent in 2015 whereas that of Bangladesh and Vietnam grew by 8 per cent and 16 per cent respectively in the same year. After the phasing out of quotas in 2005, Bangladesh and Vietnam grabbed the opportunity and their apparel exports increased rapidly. Bangladesh surpassed India in apparel exports in 2008 and Vietnam in 2012 as can be seen from the chart below and their apparel exports have been consistently growing and have been higher than India’s exports throughout.
The Solar India mission registered a number of key milestones in the past few months as the government races ahead to meet its 100 GW target for 2022. Here is a selection of some global interest in this arena. India set to beat China in power deal India’s state-run Bharat Heavy Electricals Ltd (BHEL) is closing in on a contract from a Chinese competitor to build a $1.6 billion power plant in Bangladesh. China's Harbin Electric International Company Ltd, which [...]
The synergy between India’s Act East policy and Japan’s Partnership for Quality Infrastructure will work as an effective counter-balance to China’s One Belt One Road programme to connect various countries across Asia, the Pacific and parts of Europe.