These Stocks Are Likely To Be Impacted By Bangladesh Crisis

Former Bangladesh Prime Minister Sheikh Hasina's dramatic exit from the violence-hit country could have major strategic as well as economic implications for India. The political turbulence in the country could impact bilateral trade and business activities. Indian consumer companies like Emami Ltd., Marico Ltd., and Pidilite Industries Ltd. that have operations in Bangladesh are assessing the situation to better understand the impact. Bangladesh currently accounts for 11% of Marico's consolidated business. Saugata Gupta, managing director and chief executive officer at Marico, said that they are watchful of the ongoing situation. The company has been gradually reducing its dependence on the Bangladesh business, with the revenue share falling to 44% in the previous fiscal from the earlier 51% in financial year 2022.




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