A Crisil Ratings report suggests Bangladesh disruptions may have minor negative effects on some Indian industries, but no significant overall impact on trade.
A Crisil Ratings report indicates that recent events in Bangladesh are unlikely to significantly affect India's trade, though impacts may differ by industry. While sectors like cotton yarn, footwear, and FMCG may see minor negative effects, ship breaking and jute could benefit. The credit quality of Indian companies remains stable short-term, but prolonged disruption could challenge revenue and working capital for export-oriented industries.
September 17, 2024
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