How India Is Gaining Big Amid Bangladesh’s Textile Trouble | India And Bangladesh | News18

It’s been four months since Sheikh Hasina was ousted as Prime Minister, and Mohammad Yunus stepped in as the Chief Advisor of Bangladesh’s caretaker government. But the political turmoil in Bangladesh hasn’t settled—in fact, it’s only gotten worse. Violence against minorities and political dissidents is becoming disturbingly routine, shaking the country to its core. This unrest is now hitting Bangladesh where it hurts the most: its economy. With 80 per cent of its exports at risk and its macroeconomic stability on the line, the situation isn’t just a crisis—it’s also creating an opportunity for a section of manufacturers in India.
Bangladesh’s economy is in deep trouble. Just look at Chattogram. It’s not just home to the country’s second-largest city and the vital Chittagong port—it’s also a powerhouse for Bangladesh’s economy. But right now, Chattogram is caught in a storm of violence and political chaos. Here’s what’s happening: minorities are under attack, with the Hindu religious movement ISKCON being one of the recent targets. This unrest is scaring off businesses, and Chattogram—a hub for the textile industry with over 700 garment factories employing hundreds of thousands—is feeling the heat. And it’s not just Chattogram.

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