India to showcase automotive capability with Bangladeshi partners in Feb

India, which has rapidly developed its automotive industry, is going to showcase its manufacturing capabilities in Dhaka with Bangladesh partners in February.

Senior Correspondentbdnews24.com
Published : 29 Dec 2016, 02:49 PM
Updated : 29 Dec 2016, 07:56 PM

The three-day fair titled "Indo-Bangla automotive show" will be held from Feb 2 at International Convention City Bashundhara.

It is also aimed at strengthening the bilateral relations, leaders of the Society of Indian Automobile Manufacturers (SIAM), the organisers, said at a press briefing in Dhaka on Thursday.

Bangladesh is India's fifth largest automotive market.

Leading Indian manufacturers like Ashok Leyland, Bajaj Auto, Eicher Trucks and Buses, Hero MotoCorp, Honda Motorcycles, Mahindra & Mahindra, Maruti-Suzuki, Piaggio, Renault, Runner Automobiles, SML Isuzu, Tata Motors, TVS Motors, Yamaha and their Bangladeshi partners like ACI Motors, Bangladesh Honda, Ifad Autos, Karnaphuli, Niloy Motors, Nitol Motors, Rancon Motors, Rangs Motors, Runner Motors, TVS Auto Bangladesh and Uttara Motors will take part in the show.

Along with the automobile and automotive companies, government departments, dealers and service agents will join in the first-ever such event.

The Indian Ministry of Heavy Industries & Public Enterprises, High Commission of India in Dhaka, Automotive Component Manufacturers Association of India (ACMA), India-Bangladesh Chamber of Commerce and Industry (IBCCI), the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Bangladesh Automobile Assemblers & Manufacturers Association (BAAMA), and Bangladesh Motorcycle Assemblers & Manufacturers Association (BMAMA) are supporting the event.

FBCCI President Abdul Matlub Ahmad said even 30 years ago 95 percent of the commercial vehicles in Bangladesh were from Japan and London.

"Now 90 percent commercial vehicles come from India." But he said Japan still dominates in private car market.

He said this type of show would help Bangladesh to learn from India's growth story.

SIAM Deputy Director General Sugato Sen said the Bangladesh government is "very keen to have an automotive component manufacturing base here. We’re closely working on that."

He said the February show will "provide huge opportunities for the automotive industry in both countries to partner together for creating a strong auto and auto-component manufacturing base in Bangladesh".

BMAMA President Matiur Rahman, BAAMA President Hafizur Rahman Khan, Indian High Commission's Second Secretary (Press, Information, Culture) Tseten Nordon Cargyal and SIAM Director Debashish Majumder also spoke at the press briefing.

There will be parallel workshops and seminars in this showcase event where Indian industry and government officials will share their experience in handling second-hand vehicles and creating a regulatory framework and auto policy to promote vehicle manufacturers.

Organisers SIAM in a statement said the main reason behind organising this show is not only to showcase the world-class offerings from the Indian automobile manufacturers. It is also to share the experience of Indian automobile industry and government to create a thriving automobile manufacturing industry.

Special activities like safety riding and multi-cuisine food including Indian delicacies will be the added attraction for Bangladeshi visitors.