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Stable policy key to a thriving motorcycle industry

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan's biggest recipient of official development assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses moving base to Bangladesh. In a series of high-profile interviews, The Daily ....

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New definition of CKD to discourage bike manufacturing locally


New definition of CKD to discourage bike manufacturing locally
Manufacturers say local, foreign investors will no longer be interested
The government formulated the Motorcycle Industry Development Policy 2018 to facilitate local production and diversify the country’s apparel-dominated export basket. Photo: Star/file
Motorcycle manufacturers have alleged that the new definition of completely knocked-down (CKD) components for two-wheelers will discourage local production and impede the industry s development.
Local and foreign investors will no longer be interested in this sector as all the required components to make a two-wheeler can now be imported, said Abdul Matlub Ahmad, chairman of Nitol-Niloy Group, which manufactures India s Hero motorbikes in Bangladesh.  ....

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Bangladesh Two-wheeler Markets, 2019-2020 & 2024 – Leasing and Subscription Models to Power the Sector – ResearchAndMarkets.com


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The two-wheeler industry in Bangladesh has grown significantly because of the demographic dividend, higher purchasing power, the growing economy, and the rising popularity of ridesharing services in the country.
In cities like Dhaka, traffic-congested roads make two-wheelers the only time- and cost-efficient mode of transport. Bangladesh 2W industry is driven by international brands; however, local brands have begun competing with international brands and are striving to gain market share.
The government has been supporting the international brands to set up manufacturing plants in the country, which would help the OEM as well as the consumers in terms of reducing operational cost and the overall cost of the vehicle. ....

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