Expand domestic car market for automotive industry: Speakers
Click here to read full article from source
Bangladesh, Dec. 2 -- Speakers at a webinar on Wednesday said Bangladesh needs to expand its domestic car market to develop the automotive industry as the registered vehicle per capita is only 0.003 percent in the country.
They also emphasised the formulation of a comprehensive automotive sector policy integrating road and traffic management in order to develop the domestic car industry.
The Policy Research Institute (PRI) of Bangladesh arranged the webinar titled 'Car Market in Bangladesh: Challenges and Prospects' through the zoom platform.
"Unless we can increase car ownership and domestic demand, no major car manufacturers will be interested to open and operate large manufacturing plants in a competitive Bangladesh market," said PR...
To read the full article or to get the complete feed from this publication, please Contact Us