'B'deshi crisis doesn't have much impact on India trade'

THE recent developments in Bangladesh that have led to the creation of new junta-led government haven't had any significant impact on India's trade so far and going forward, the effect will vary based on industry/ sector-specific nuances and exposure, according to India Inc.

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A prolonged disruption can affect revenue profiles and working capital cycles of which have Bangladesh either as a demand centre or a production hub, they said. The movement of the Bangladeshi currency taka will be weighing on trade.

India's trade with Bangladesh is relatively low, accounting for 2.5% of its total exports and 0.3% of its imports last fiscal. Merchandise exports; mainly comprise cotton and cotton yarn, petroleum products, electric energy etc, while imports consist of vegetable fat oils, marine products and apparel.