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'Country to become self-reliant in making motorbike soon'
Bangladesh Sangbad Sangstha (BSS)
DHAKA, Oct 5, 2012 (BSS) - The Country is going to be self- reliant in manufacturing motorcycles as local companies are now meeting over 50 per cent of its demand and many leading foreign conglomerates including Japanese giant Honda Motor are keen to produce motorbike in the country.
Major part of this demand is now met by two local brands -- Walton and Marcel followed by Runner and Road Master.
Runner has recently announced to come in a bigger way as Bangladesh Steel and Engineering Corporation (BSEC) last week signed an agreement with Honda Motor to manufacture Honda brand of motorcycle.
Experts say once the initiative is executed, the country will be fully self- sufficient in motorcycle manufacturing giving a boost to the economy.
The annual demand for motorcycle in Bangladesh is three to four lakhs. More than 50 per cent of this demand is met by leading brands like Walton, Marcel, Runner and Road Master.
Walton and Marcel brands are supplying more than 1.25 lakh motorcycles and also exporting to some countries. Besides, Runner and Road Master brands are supplying around one lakh motorbikes.
Asaduzzaman, Assistant Director, and Corporate Sales and Marketing In- charge of R.B. Group, which manufactures Walton and Marcel brands of motorcycles, said most of the spare parts of Walton and Marcel brands are manufactured locally.
Walton and Marcel are meeting almost 25 per cent of the total demand of motorcycles in the country.
He said Walton and Marcel import engines only. But all other spare parts including silencer, body, side cover, oil tanker are manufactured at their plants. Both Walton and Marcel are now working for setting up separate plants to manufacture engines, he added.
Referring to the volume of production, Asaduzzaman said more than one lakh motorcycles, ranging from 90cc to 140cc, are now manufactured at Walton and Marcel factories.
Walton's Media Adviser Enayet Ferdous said Walton is now exporting motorcycles apart from electrical and electronics goods. The country would no longer require importing motorcycles if the government provides policy support to this sector.
Runner Group's Chairman Hafizur Rahman Khan said country imports motorcycles and their spare parts worth 300 million US dollars a year. Runner Group itself would earn $300 million through the export of motorcycles in future. He also urged the government to formulate a long-term policy to encourage local production.
Regarding the protection of local industries, State Minister for Industries Omar Faruque Chowdhury said a country cannot achieve industrialisation with a single industrial policy.
"Bangladesh needs separate industrial policy for different regions and sectors in the country. "The government has already taken the initiatives to formulate separate industrial policies," he said.
Bangladesh Sangbad Sangstha (BSS)
DHAKA, Oct 5, 2012 (BSS) - The Country is going to be self- reliant in manufacturing motorcycles as local companies are now meeting over 50 per cent of its demand and many leading foreign conglomerates including Japanese giant Honda Motor are keen to produce motorbike in the country.
Major part of this demand is now met by two local brands -- Walton and Marcel followed by Runner and Road Master.
Runner has recently announced to come in a bigger way as Bangladesh Steel and Engineering Corporation (BSEC) last week signed an agreement with Honda Motor to manufacture Honda brand of motorcycle.
Experts say once the initiative is executed, the country will be fully self- sufficient in motorcycle manufacturing giving a boost to the economy.
The annual demand for motorcycle in Bangladesh is three to four lakhs. More than 50 per cent of this demand is met by leading brands like Walton, Marcel, Runner and Road Master.
Walton and Marcel brands are supplying more than 1.25 lakh motorcycles and also exporting to some countries. Besides, Runner and Road Master brands are supplying around one lakh motorbikes.
Asaduzzaman, Assistant Director, and Corporate Sales and Marketing In- charge of R.B. Group, which manufactures Walton and Marcel brands of motorcycles, said most of the spare parts of Walton and Marcel brands are manufactured locally.
Walton and Marcel are meeting almost 25 per cent of the total demand of motorcycles in the country.
He said Walton and Marcel import engines only. But all other spare parts including silencer, body, side cover, oil tanker are manufactured at their plants. Both Walton and Marcel are now working for setting up separate plants to manufacture engines, he added.
Referring to the volume of production, Asaduzzaman said more than one lakh motorcycles, ranging from 90cc to 140cc, are now manufactured at Walton and Marcel factories.
Walton's Media Adviser Enayet Ferdous said Walton is now exporting motorcycles apart from electrical and electronics goods. The country would no longer require importing motorcycles if the government provides policy support to this sector.
Runner Group's Chairman Hafizur Rahman Khan said country imports motorcycles and their spare parts worth 300 million US dollars a year. Runner Group itself would earn $300 million through the export of motorcycles in future. He also urged the government to formulate a long-term policy to encourage local production.
Regarding the protection of local industries, State Minister for Industries Omar Faruque Chowdhury said a country cannot achieve industrialisation with a single industrial policy.
"Bangladesh needs separate industrial policy for different regions and sectors in the country. "The government has already taken the initiatives to formulate separate industrial policies," he said.