Commerce Minister Tipu Munshi inaugurated the 2d edition of the Indo-Bangla Automotive Show on Friday at International Convention City Bashundhara (ICCB).
Organizers say the four-day occasion with the subject ‘‘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 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 enjoyment. The commerce minister stated that Bangladesh encourages Indian producers to come back and make motors, tires, and components.
“In the next 4-6 months, we can have a clear policy. India is a long time dependent 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 between India and Bangladesh and hoped that the 2 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, 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 encourages 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 also announced that SIAM would sponsor three Journalists from Bangladesh to the automobile expo – The Motor Show 2020 to be held in Greater Noida, India.