Bangladesh has the potential to make pea parts 2021

 70% of small parts of motorcycles can be produced locally.  Its market value is more than two thousand crore rupees.  However, due to lack of policy support and advanced technology and skilled manpower, only 10 percent is being produced.  These issues came up in a virtual discussion at a discussion meeting organized by the SME Foundation on Wednesday.


Bangladesh has the potential to make pea parts 2021

 More than five and a half lakh motorcycles are sold in the country market every year.  Most of which are now being compressed into local factories.  However, 90 percent of the parts for making the vehicle are coming from abroad.  It is estimated that about 700 types of parts are required to make a motorcycle. 80 percent of it can be produced in the country. Its market value is 2100 crore rupees.


 Entrepreneurs say the original OAMR factory needs to be built for this.  However, it requires advanced skilled manpower and research.  They also see the lack of raw materials as a major obstacle in making parts.  Not only that, they have sought various policy support to take forward the parts manufacturing industry of the country.

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