Bangladesh cancels $21M defense deal with India

19 hours ago

India-Bangladesh relations have deteriorated suddenly when Bangladesh cancelled a major defence contract worth $21.08M (INR180.25 crore) with Kolkata-based public sector unit, Garden Reach Shipbuilders & Engineers Ltd (GRSE). The cancelled contract was for the construction of an advanced ocean-going tug for the Bangladesh Navy –– a high-value vessel constructed for deep-sea towing and salvage missions. Bangladesh calls off GRSE order worth approx