[🇧🇩] Automobile Industry of Bangladesh including parts

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[🇧🇩] Automobile Industry of Bangladesh including parts
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As I've mentioned many times, Bangladeshi companies should be discouraged from bringing in previously value-added sub-assemblies from countries like India via policy non-support. Broken-down discrete parts can be imported (as opposed to wholly assembled suspension or engine units) or better yet, assembled from local parts (at some point, if not already). There are gradual tariff schedules that NBR knows how to impose for this.

Hyundai Creta sub-assemblies from India are being screwed together in this factory to make Hyundai Creta vehicles which neither helps Tech-knowledge-transfer, neither adds barely any value, because Indian workers are adding majority of the value here and Indian Hyundai assembler gains most of the profit.
I thought our companies are bringing assembly plants for Hyundai car directly from South Korea. Our companies should avoid India by all means because India is a hostile country and not favorable for our national interest.
 
I thought our companies are bringing assembly plants for Hyundai car directly from South Korea. Our companies should avoid India by all means because India is a hostile country and not favorable for our national interest.
Some of our businessmen including these Fair Group idiots are RAW agents. They have secret connections with Indian companies (including Hyundai Motors India). This is the connection between HMIL and Fair Group. It mentions that HMIL India head was present in their factory inauguration which means production from Indian parts.


I thought our companies are bringing assembly plants for Hyundai car directly from South Korea. Our companies should avoid India by all means because India is a hostile country and not favorable for our national interest.
These Fair Group idiots import parts (sub-assemblies) from Hyundai Motors India (HMIL). They should easily change source to Hyundai Motors Indonesia but they won't. A Hyundai Creta costs 17~19 Lakh rupees in India. Whereas same thing costs 37 Lakh Taka in Bangladesh (almost double). Talk about Highway Robbery! The govt. should shut down this idiot's operation (another India RAW agent), word is that he was a big Awami League cadre back in the day, which is how he made his money. I could wrong though. Here is his ugly fat overfed mug. Ruhul Alam Al Mahbub, Chairman, Fair Group.

1750742943594.png
 
Some of our businessmen including these Fair Group idiots are RAW agents. They have secret connections with Indian companies (including Hyundai Motors India). This is the connection between HMIL and Fair Group. It mentions that HMIL India head was present in their factory inauguration which means production from Indian parts.



These Fair Group idiots import parts (sub-assemblies) from Hyundai Motors India (HMIL). They should easily change source to Hyundai Motors Indonesia but they won't. A Hyundai Creta costs 17~19 Lakh rupees in India. Whereas same thing costs 37 Lakh Taka in Bangladesh (almost double). Talk about Highway Robbery! The govt. should shut down this idiot's operation (another India RAW agent), word is that he was a big Awami League cadre back in the day, which is how he made his money. I could wrong though. Here is his ugly fat overfed mug. Ruhul Alam Al Mahbub, Chairman, Fair Group.

View attachment 19232
The government should file a corruption case against this guy at the soonest. No Awami goons are allowed in Bangladesh. Bangladesh should buy Chinese EVs with tech transfer to build an automobile industry in the country.
 

‘Policy gaps weigh on auto industry’

Despite its potential to accelerate economic growth, Bangladesh's automobile sector remains constrained by the absence of a conducive national policy, keeping logistics costs among the highest in the world.

"As Bangladesh aspires to become an upper-middle-income country and is set to graduate from Least Developed Country (LDC), a robust automobile industry policy is no longer optional. It is urgent," said M Masrur Reaz, chairman and CEO of Policy Exchange Bangladesh (PEB), a private sector economic and investment advisory platform, at a discussion on conducive automobile policies for green growth and a competitive economy.

The discussion was organised by the Economic Reporters' Forum (ERF) and PEB at the ERF auditorium in Dhaka yesterday.

He said Bangladesh stands to lose a lot of preferential market access after LDC graduation, making efficient logistics and competitive transport systems indispensable for its export sustainability.

Yet, logistics costs remain among the highest globally. In some key sectors, costs are up to 48 percent of sales.

"A vibrant automobile sector, backed by smart, inclusive policy, is essential not just for safer roads but for a greener, more resilient Bangladesh."

Commerce Adviser SK Bashir Uddin said Bangladesh must rethink its industrial policy.

Referring to the automobile sector, he said, "Placing foreign kits on local frames is not real manufacturing."

"Our economy needs productivity-driven investment, not vanity infrastructure," he added.

Bashir said Bangladesh pays $27 billion yearly for freight while local shipowners earn just $1 billion.

Anwar-ul-Alam Chowdhury Parvez, president of the Bangladesh Chamber of Industries, said they spend more on logistics than any other country. The logistics cost here even surpasses that of the United States.

Matiur Rahman, president of the Bangladesh Motorcycle Manufacturers and Assemblers Association, criticised authorities for the lack of implementation of the automobile policy.

This hinders the growth of the automobile industry, he said.

Rizwan Rahman, former president of Dhaka Chamber of Commerce and Industry, called for prioritising environment-friendly public transport over private vehicles.

ERF President Doulot Akter Mala chaired the event.​
 

Buet-designed battery-run rickshaws set to roll out in Paltan, Dhanmondi, Uttara

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Photo: Collected

Battery-run auto-rickshaws, developed by Bangladesh University of Engineering and Technology (Buet), will soon hit the streets of Paltan, Dhanmondi, and Uttara in a pilot initiative aimed at streamlining urban transport.

LGRD Adviser Asif Mahmud Shojib Bhuyain made the announcement at a programme held at the Dhaka North City Corporation (DNCC) headquarters today.

1751157232115.png

Photo: Collected

The event marked the inauguration of a training programme for drivers of these electric rickshaws, organised by the DNCC.

Asif Mahmud said, "Unlike the current unregulated system, each area will have a designated number of rickshaws. We are committed to ensuring that drivers are not subjected to extortion or any form of harassment."

1751157253955.png

Photo: Collected

DNCC Administrator Mohammad Azaz said the newly designed rickshaws are expected to begin operating from early August.

"We aim to train and licence one lakh auto-rickshaw drivers under this initiative," he said.

He added that work is underway to set up charging stations, ensuring the vehicles are powered only at approved points.​
 

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