Bangladesh Cancels ₹180-Crore Defence Contract With India Amid Diplomatic Strain

India faces diplomatic setback as Bangladesh cancels $21 million defence deal - Kashmir Media Service

Dhaka: In a significant diplomatic blow to New Delhi, Bangladesh has cancelled a $21 million defence contract with India’s state-run Garden Reach Shipbuilders and Engineers Ltd (GRSE). According to Kashmir Media Service, the agreement, meant for the construction of an advanced ocean-going tugboat for the Bangladesh Navy, was terminated by Dhaka citing a government decision. The cancellation comes amid growing tensions between the two countries, …

Bangladesh Cancels ₹180 Crore Defence Deal with Indian Shipbuilder Amid Strained Ties

Bangladesh has cancelled a major defence contract worth ₹180.25 crore with Kolkata-based public sector shipbuilder Garden Reach Shipbuilders & Engineers Limited (GRSE), in what is being seen as a sign of growing tensions between Dhaka and New Delhi. GRSE, which functions under India’s Ministry of Defence, officially notified the stock exchange on Wednesday: “We would […]

Bangladesh Cancels ₹180-Crore Defence Contract With India Amid Diplomatic Strain

Bangladesh has officially cancelled a ₹180.25 crore ($21 million) defence contract with Kolkata-based Garden Reach Shipbuilders & Engineers ...

Is Bangladesh Turning Away From Indian Defence Ties?

In a move that has surprised many in the defence and diplomatic community,  The deal, which was signed last year, involved the design, construction, and delivery of an advanced ocean-going tug for the Bangladesh Navy. The vessel, measuring 61 metres and equipped for multiple naval operations, was scheduled to be delivered within two years. This sudden cancellation comes at a time when the relationship between India and Bangladesh is facing new c…