, May 27 -- Bangladesh is poised to significantly increase its footprint in the global engineering and light engineering products market, currently valued at a staggering US $7 trillion - of which the country's contribution amounts to less than 1% at present.

Industry leaders rather bullishly believe that with adequate policy support, investment, and infrastructure development, Bangladesh could export up to $100 billion worth of engineering products.

This optimistic outlook was shared by Md. Abdur Razzaque, President of the Bangladesh Engineering Industry Owners' Association (BEIOA), during a press conference held on Tuesday at the Economic Reporters Forum Auditorium in Dhaka.

The press conference announced the upcoming Bangladesh Ligh...