India Steps Up as Reliable Partner for Bangladesh Amid Global Supply Chain Crisis

• Bangladesh faced severe supply chain disruptions between 2020-2022 due to rising freight rates and port backlogs, highlighting vulnerabilities.
• During the crisis, India emerged as the fastest and most reliable supplier for essential goods, including raw materials for medicines.
• India rapidly restored cross-border supply of Active Pharmaceutical Ingredients (APIs) to Bangladesh, crucial for its pharmaceutical industry.
• Truck transport from India allows raw materials to reach Dhaka in 2 days, significantly faster than sea routes from China or Europe.
• The report suggests a formal, legally binding agreement for emergency supply security between India and Bangladesh to prevent future disruptions.