The auto mobile industry has huge potential in the local market. But to meet the demand of this huge market, most of the cars and machinery have to be imported from abroad. Businessmen related to the sector want the cooperation of the government to develop this industry and capture the local market as well as exploit the potential of exporting abroad.
Traders believe that auto mobile manufacturing and production activities will develop in the country if the government’s policy supports it.
A discussion meeting was held in the first meeting of Standing Committee on Auto Mobile Manufacturers and Assemblers held at FBCCI office on Thursday (May 9). FBCCI President Mahbubul Alam was present as the chief guest in the meeting. Chairman of the committee and chairman and managing director of Uttara Motors Limited Matiur Rahman presided over it.
In the speech of the chief guest, the FBCCI president said that our economy is now very big. With the growth of the economy, the demand of motor industry in the country has also increased a lot. A specific plan should be followed to utilize this opportunity.
He said, we are moving towards Smart Bangladesh. Business has had challenges in the past, still has and will continue to do so in the future. Meanwhile, the economy of the country should be promoted by advancing the private sector. He also emphasized on the development of light engineering.
Calling on businessmen to start manufacturing in the auto mobile sector, the FBCCI president said, cars are being imported and will continue to do business. But the import is not lifetime. Now is the time to focus on car manufacturing in the country. For this, someone has to start working.
At this time, he called upon big industrial establishments to come forward in the production of auto mobiles.
Director-in-charge of the committee and former vice-president of FBCCI. Habib Ullah Don said that the population of the country is increasing day by day. People’s purchasing power is also increasing. But as there is not enough public transport compared to the population, people are buying private cars. In this case, import of reconditioned cars is accelerating the country’s economy. But assembling and then manufacturing work has to start immediately after import.
Participating in the open discussion, the businessmen emphasized on the development of vendors in the auto mobile sector in the country. They said that the auto mobile sector has a huge market all over the world. To capture these markets, vendor development is essential for manufacturing machinery in the country. Targets should be set with incentives for vendor development.
Apart from this, the businessmen experienced in formulating any policy of the government related to the auto mobile sector, including demarcating a separate area for the maintenance of this sector, bringing changes in SRO with time, facilitating the import of electric vehicles in the country, speeding up the vehicle registration process in BRTA, making banks follow the same policy. Businessmen demanded to get opinions.
The meeting was also attended by Senior Vice President of FBCCI. Amin Helali, Director Hafez Haji Harun or Rashid, Kawsar Ahmed, Niaz Ali Chishti, Amir Hossain Noorani, Secretary Md. Alamgir, Co-Chairman and Members of the Committee.
EAR/MKR/GKS
#Businessmen #governments #developing #motor #industry