India-Bangla cargo movement via waterways rises by 20% in FY22

The figure nearly doubled in four years from 24 lakh tonnes in fiscal 2018-19 due to a rise in cement production in Bangladesh, according to a report in a Bangladesh newspaper.

During the last fiscal, Bangladesh vessels carried 42.18 lakh tonnes while Indian vessels carried 5.22 lakh tonnes.

This is the third consecutive year cargo movement through waterways between India and Bangladesh has being growing.

The pandemic, convenience and lower cost encouraged many businesses to prefer waterways to transport goods from India under a Protocol on Inland Water Transit & Trade between Bangladesh and India (PIWT&T) signed in 1972.

Fibre2Fashion News Desk (DS)