It is possible. Sometimes very good brands struggle in a new territory. Happens within India too. Let alone another country
Acquiring shares of a partner is very common in the corporate world. Foreign companies in India have also done it in the past. Not everything is an emotional decision or elicits an emotional response
I have no prejudices against a company trying to gain foreign market share using above-board principles.
Unfortunately - as too often seen in the past in Bangladesh, some Indian companies have tried to gain market share using illicit ways and using Indian home market volume advantages (and also using influence on the Bangladesh trade ministry to affect tariffs to their advantage). They do not believe in playing in a level playing field. Let's just leave it at that.
This is unfortunate while the Indian govt. also remains oblivious to the NTB's and high tariffs applied to our Bangladeshi exports to India. This has affected our incomes (my families as well as many friends in the Chambers' of commerce in Bangladesh). I realize one cannot expect fairness from Banya communities in India, but why expect the same from us in Bangladesh?
Indian Dadagiri is real and as long as that attitude remains, Bangladesh business community will not welcome Indian investments - period.
How this state of affairs has come about - ask Indian Banyas themselves, starting from people like Adani and Ambani all the way to Munjal of Hero Motors. They have caused this "reputation" by themselves.
Some bhakts here will try to paint me as a Hindu-hater. I have no issues with religious labels people impose on themselves or on others. They are equally angels or scoundrels.
My concern is purely a question of money and marketshare. You don't play nice - so we won't either.
Look at what is happening.
Bangladesh govt. has banned import of India onions, potatoes, wheat and last week, meat of all sorts. This will keep happening until we level the playing field.
