Commerce Minister Tipu Munshi inaugurated the 2d edition of Indo-Bangla Automotive Show on Friday at International Convention City Bashundhara (ICCB).
Organizers say the four-day occasion with the subject ‘‘flow together on the street to development’ is aimed at expanding the reach of Indian automobile agencies in Bangladesh.
India’s car enterprise frame, the Society of Indian Automobile Manufacturers (SIAM) in collaboration with Automotive Component Manufacturers Association of India (ACMA) in Dhaka, is setting up the occasion
The Ministry of Heavy Industries and Public Enterprises, the Indian government, Bangladesh Automobile Assemblers & Manufacturers Association (BAAMA), Bangladesh Motorcycle Assemblers & Manufacturers Association (BMAMA) and India-Bangladesh Chamber of Commerce and Industry (IBCCI) are helping the occasion.
As inside the first edition, key Indian automobile manufacturers which include Ashok Leyland, Bajaj Auto, Eicher Motors, Force Motors, Hero MotoCorp, Mahindra & Mahindra, Maruti-Suzuki, SML Isuzu, TATA Motors, TVS Motors, and their Bangladeshi companions like Aftab Autos, IFAD Autos, Karnaphuli, Niloy Motors, Nitol Motors, Rancon Auto, Rangs Motors, Runner Motors, TVS Auto Bangladesh, and Uttara Motors, are collaborating within the occasion.
In addition, extra than 35 Indian component manufacturers, tire manufacturers, oil and lube organizations and corporations like International Centre for Automotive Technology (ICAT) are taking element.
A high-level Indian delegation such as senior enterprise leaders will meet Bangladesh government officers as a part of the event.
Celebrity visits, new vehicle launches and worldwide food manufacturers like Igloo, Shiraz, Mainland China, and North End coffee are the alternative points of interest inside the expo.
Free travel offerings from numerous places in Dhaka are arranged by using organizers for higher tourist enjoy.
The commerce minister stated Bangladesh encourages Indian producers to come back and make motors, tires, and components right here.
“In next 4-6 months, we are able to have a clear policy. India is a long time depended on pal. Our authorities may be very enterprise friendly and we stay up for developing possibilities for employment and exports,” he said.
TATA Motors Vice-president Sushant Naik hailed financial and cultural ties among India and Bangladesh and was hoping that the 2 countries will keep this legacy in automobile region as well.
“We have tried to cope with the expectations of all categories of clients, throughout the spectrum starting from buses, vans, passenger cars, two wheelers, three wheelers. We have even displayed tractors. New technologies and interfaces are being created in all corners of the world through generation agencies in partnership with automakers,” he said.
Acting Indian High Commissioner in Dhaka Adarsh Swaika pointed out that Indian merchandise is well-known in global markets, in particular within the growing international locations.
“Small motors from India will resolve visitors problems in Bangladesh,” he stated.
Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam said the government is encouraging personal zone to step forward and invest within the united states.
Deputy Director General of SIAM Sugato Sen stated the automobile industry has always been at the leading edge of partnership and development internationally, among international locations, groups and cultures.
“This show, now in its second year, has the identical purpose and undertaking,” he stated.
Sen additionally announced that SIAM will sponsor go to of three Journalists from Bangladesh to automobile expo – The Motor Show 2020 to be held in Greater Noida, India.