Bangladesh’s emergence, as a new nation at the height of the Cold War, in 1971, re-drew political borders in the Indian subcontinent. It was one of the most significant geopolitical events of the latter half of the 20th century. India’s ties with Bangladesh have taken great strides in the last decade in comparison to the first 40 years, expanding and strengthening across a wide template of sectors. This article examines and analyses the drivers that have strengthened bilateral ties and also unresolved issues that remain on the menu as well as developments that have the potential to undermine these growing ties.