The ‘India-Bangladesh Auto Component Show’ was organized by Bangladesh Automobile Assemblers and Manufacturers Association (BAAMA) and Automotive Component Manufacturers Association of India (ACMA) at Hotel Intercontinental in the capital on Thursday.
State Minister for Industries Kamal Ahmed Majumder inaugurated the program by cutting ribbon. Also present were Indian High Commissioner Vikram Kumar Doraiswamy, Executive Member of Bangladesh Investment Development Authority, Abhijit Chowdhury, President of India Bangladesh Chamber of Commerce and Industry Abdul Matlub Ahmad.
The event was co-hosted by India Bangladesh Chamber of Commerce and Industry (IBCCI) and Indian High Commission, Dhaka.
The purpose of the fair is to attract foreign investment in auto components and encourage local production, which will bring the cost of car parts and servicing costs within the reach of buyers.
Abdul Matlub Ahmad, (President of Bangladesh Automobile Assemblers and Manufacturers Association) gave a briefing on the occasion. "It's important to move locally to produce automobile components locally and to make the country's transport sector dynamic and now it is the best time to start," he said. Also present on the occasion were Vinnie Mehta, Director General, Automotive Component Manufacturers Association of India (ACMA), honorary members of IBCCI and BAAMA, senior executives from Runner Group, Rangs Group and Ifar Autos Ltd.
