Bangladesh eyes Indian market

DHAKA (Reuters) - Bangladesh plans a major drive to boost its exports to India four times to around $1 billion over the next three years, a business leader said on Tuesday.

Bangladesh is keen to tap into India's fast-growing economy, which expanded 9.4 percent in the year to the end of March, it fastest growth in 18 years.

"Over the next three years we will launch a massive drive in Indian markets along with Export Promotion Bureau," Abdul Matlub Ahmed, president of India-Bangladesh Chamber of Commerce and Industry (IBCCI), told Reuters.

About 40 million inhabitants of the Seven Sister States, a region in north-eastern India comprising Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura have tremendous appetite for Bangladeshi products, he said.