Kolkata, India – Last year, Aditya Manaksia started exporting food products to Bangladesh in an attempt to expand his business. Now, with the ongoing political turmoil in Bangladesh, his hopes of business expansion are uncertain.
Rajeev Goenka, another Kolkata-based entrepreneur, faces production halts in Dhaka due to protests, impacting his apparel manufacturing unit. The situation has left many exporters worried about their future dealings in Bangladesh.
Strong trade relations
Despite the challenges, India maintains strong trade relations with Bangladesh. While some industries like cotton traders remain optimistic, others like perishable goods exporters express concerns over the uncertain situation.
‘Completely vacant now’
The violence has also affected small entrepreneurs in Kolkata, particularly those in areas known for Bangladeshi influence. Businesses catering to Bangladeshi tourists have seen a significant decline in customers, leading to financial strains.
As the situation unfolds, the business community in both countries remains hopeful for a return to normalcy, emphasizing the importance of stable governance for economic activities.
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