India’s textile industry to gain ₹1,000 crore business opportunity from Bangladesh trade restrictions

News Snapshot:

India has imposed restrictions on the import of a range of consumer items through many domestic land transit posts in the North East on Saturday, May 19, 2025. Kolkata and Nhava Sheva seaports will now be the only ports which will allow the import of Bangladeshi goods into India. Experts say that the import restrictions slapped on Bangladesh are set to bring multi-crore business opportunities to the domestic textile industry to meet the demand in the local market. “Import of all kinds of readymade garments from Bangladesh shall not be allowed from any land port. However, it is allowed only...