Commerce Minister Tipu Munshi inaugurated the 2d edition of the Indo-Bangla Automotive Show on Friday at the International Convention City Bashundhara (ICCB).
Organizers say the four-day occasion, which will be themed “Flows together on the street to development,’ aims to expand the reach of Indian automobile agencies in Bangladesh.
India’s car enterprise frame, the Society of Indian Automobile Manufacturers (SIAM), in collaboration with the 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 the India-Bangladesh Chamber of Commerce and Industry (IBCCI) are helping the occasion.
As in the first edition, key Indian automobile manufacturers, including 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 on the occasion.
In addition, more than 35 Indian component manufacturers, tire manufacturers, oil and lube organizations, and corporations like the International Centre for Automotive Technology (ICAT) are participating. A high-level Indian delegation, including senior enterprise leaders, will meet Bangladesh government officers as part of the event.
Alternative points of interest inside the expo include celebrity visits, new vehicle launches, and worldwide food manufacturers like Igloo, Shiraz, Mainland China, and North End Coffee.
Organizers arrange free travel offerings from numerous places in Dhaka to enhance tourist enjoyment. The commerce minister stated that Bangladesh encourages Indian producers to return and make motors, tires, and components.
“We can have a clear policy in the next 4-6 months. India has been dependent on pal for a long time. 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 between India and Bangladesh, hoping the two countries would keep this legacy in the automobile region.
“We have tried to cope with the expectations of all categories of clients throughout the spectrum, starting from buses, vans, passenger cars, two-wheelers, and 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, particularly in 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 encourages personal zones to step forward and invest in the United States.
Deputy Director-General of SIAM Sugato Sen stated that the automobile industry has always been at the leading edge of international partnership and development among international locations, groups, and cultures. “This show, now in its second year, has the identical purpose and undertaking,” he stated.
Sen also announced that SIAM would sponsor three Journalists from Bangladesh to the automobile expo The Motor Show 2020, which will be held in Greater Noida, India.