Indian High Commissioner Pranay Verma said on Sunday that his country is interested in assisting Bangladesh in boosting cottage, micro, small and medium industries for mutual benefits of the two countries.
He highlighted the significance of collaboration between the two countries in developing these industries, which are considered the 'economic backbone' of both the countries.
The envoy made the comment during a meeting with Industries Minister Nurul Majid Mahmud Humayun at his ministry in the capital, according to a ministry release.
Verma informed that bilateral trade between Bangladesh and India is now conducted using Indian Rupee and underlined the need to expand this exchange arrangement.
He also expressed India's interest in increasing its imports from Bangladesh.
Furthermore, Verma noted the increasing opportunities for training Bangladeshi officials at various Indian institutes, including ITEC.
Minister Humayun welcomed the Indian envoy and expressed Bangladesh's interest in adopting Indian technology and raw materials for its local cement industry.
He also emphasized the importance of enhancing cooperation between Bangladesh Standards and Testing Institution, Bangladesh Accreditation Board and their Indian counterparts.
Later, in reply to a question from journalists, Humayun said that there will be no fertiliser crisis this year, as local industries in Bangladesh are producing enough fertiliser to meet the demand.
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