Tandon said Bangladesh’s industrial strength and India’s manufacturing and services sectors complement each other, creating opportunities for integrated regional value chains.
He said the proposed Comprehensive Economic Partnership Agreement (CEPA) between the two countries can significantly enhance trade and investment growth by going beyond trade in goods to include services, investment facilitation, technology cooperation, standards and skill development.
Highlighting sector-specific opportunities, he said textiles and apparel will remain the core of Bangladesh’s economy even after graduating from least developed country status, while future competitiveness will depend on productivity, compliance standards, machinery and design capabilities.
They also identified medical tourism, food processing, agricultural value chains, digital economy, startups, energy cooperation and MSME linkages as promising areas for expanded cooperation.