BD's export totally dependent on raw material they receive from India. Your textiles Industry can not survive without Indian import. Since the ouster of Hasina, BD textile industry is down and biggest beneficiary is India.
- During Oct’24, Indian Textile exports was about 56% higher as compared to Oct’23 while Apparel exports registered a significant growth of 35.06% during the same time period.
- Cumulative exports of Textiles and Apparel during Oct’24 have registered a growth of 93% over Oct’23.
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So far as food grain and food Items are concerned, It has a big demand outside India and we have to put a check on export. UN urged India to lift a ban on export to ensure sufficient supply to different countries of the world. We are exporter of over half of rice export. It is in high demand. There are many nations in world who are in queue to import India's agriculture products. In this scenario, how BD's ban on import is going to affect India when Total Export to BD amounts to just 3.5% of India's export.