Bangladesh may emerge as the biggest industrial production hub in the Asia, said Indian High Commissioner in Dhaka Vikram Doraiswami.
He made the statement at a function organised by Indian Importers Chambers of Commerce and Industries at the hotel Westin Dhaka. Held on Wednesday, the programme aimed at according a reception to the high commissioner.Bashundhara Group Managing Director Sayem Sobhan Anvir, former FBCCI President AK Azad, Bengal Group Vice-Chairman and Bengal Bank Chairman Md Mohammad Jashim Uddin were present on the occasion.
Many largest companies of India are keen to invest in Bangladesh due to low production cost, said Doraiswami.
The Indian companies are also interested to invest here and take the products to India for marketing. “This will facilitate economic development and reduce the cost of various commodities in Bangladesh which ultimately to be beneficial for both the countries,” he added.
Having produced in Bangladesh at low cost, electronics items, safe drinking water and many other commodities can be taken to India, he said adding that both countries will benefit from such ventures.
The Indian envoy laid emphasis on further expansion of connectivity between the two countries as well as increase in rail-road-water and airways between India and Bangladesh.
The reception programme was attended, among others, by President of Indian Importers Chamber of Commerce & Industry AK Saxena, President of Bangladesh Puja Udzapan Parishad Faridpur district branch Dr Joshoda Jibon Deb Nath and Managing Director of Diamond World Dilip Kumar Agarwal.A book written by Dr Joshoda Jibon Deb Nath was also launched at the function.