Society of Indian Automobile Manufacturers (SIAM) inaugurated the first-ever India-Bangladesh Automotive Show.
The three-day trade expo is being held from February 2 to 4, 2017 in Dhaka.
The leading automobile manufacturers from both India and Bangladesh are participating at the fair.
Addressing the gathering, Harsh Vardhan Shringla, High Commissioner of India to Bangladesh, said “. Indian automobile industry has the necessary capacity and expertise to share and ‘Make with Bangladesh’.”
Already, he said many Indian automobile manufacturers have set up their plants in Bangladesh and others are in the process of establishing their presence here.”
Speaking on the occasion, Abdul Matlub Ahmad, President, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said, “This is one of the best days for the Bangladesh automotive industry as today India is displaying its auto industry’s capabilities which have evolved as one of the best and most appropriate for markets like Bangladesh.
Md. Mosharraf Hossain Bhuiyan, Senior Secretary, Ministry of Industries, Government of the People’s Republic of Bangladesh said “Our government now is taking keen interest in having a policy which will encourage our entrepreneurs to not only assemble but also manufacture, we will work on development of the policy.
SIAM’s president & Managing Director of Ashok Leyland Vinod K. Dasari and Ravi Pisharody, VP, SIAM and Executive Director-Commercial Vehicles, Tata Motors have also spoke in detail about the Indian automobile strengths that could be extended to Bangladesh.
While throwing open the show, Obaidul Quader, Minister of Road Transport & Bridges, Government of People’s Republic of Bangladesh, complimented the Organisers for taking this unique initiative and wished it all success.
During the trade fair inauguration, SIAM has signed MoUs with two Bangladeshi Auto Associations ‘Bangladesh Motorcycle Assemblers & Manufacturers Association’ (BMAMA) and ‘Bangladesh Automobile Assemblers & Manufacturers Association’ (BAAMA).