Lac exports from India to Bangladesh decline
For years, traders in West Bengal have relied on exporting lac (gala) to Bangladesh, but recent reductions in exports are raising concerns. Lac is a key industry in Purulia district, West Bengal, where over 30 factories process raw lac into lac sticks. However, there has been a significant drop in demand from Bangladesh. While the domestic market in India remains stable, the slowdown in exports to Bangladesh is causing anxiety among traders in both countries, who are now facing the impact of reduced business.