BBL recommends Thai businesses mull expansion to India - News Summed Up

BBL recommends Thai businesses mull expansion to India


BBL recommends Thai businesses mull expansion to IndiaMr Chartsiri says Bangkok Bank has experience supporting Thai firms to expand overseas. Bangkok Bank (BBL) is encouraging Thai businesses to expand into India to reduce their reliance on the US market amid rising geopolitical risk and escalating global trade tensions. Speaking at the "Unlock India: Opening the Door to India" seminar hosted by BBL on Wednesday, BBL president Chartsiri Sophonpanich said India is strategically important to Thailand as a consumer market, an investment destination, and an increasingly vital link in global supply chains. Drawing on its experience in supporting Thai businesses expanding overseas, the bank understands that entering a new market, particularly one as large and complex as India, requires more than capital, he said. Kobsak Pootrakool, senior executive vice-president at BBL, said India is emerging as a great opportunity for Thai businesses amid heightened geopolitical risk and global trade tensions.


Source: Bangkok Post April 05, 2026 23:09 UTC



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