India has recently allowed the export of around 20,000 tonnes of onions to Bangladesh despite a ban on the export of the item.
Indian High Commissioner to Bangladesh Vikram Doraiswami came up with the information during a courtesy call with Agriculture Minister Dr Muhammad Abdur Razzaque at the secretariat on Wednesday.Doraiswami said if the weather improves, the India’s onion exports to Bangladesh will increase further.
“India has suspended onion export as the price skyrocketed in the Indian domestic market as onion fields were damaged due to heavy rains and flood in some key onion-growing states like Maharashtra and Karnataka,” he said.
“There will be initiatives to enable Indian Mahindra and other agro machinery manufacturers to set up factories in Bangladesh by investing locally to produce and assemble agricultural machinery and spare parts,” the Indian envoy said.
Agriculture Minister Dr Muhammad Abdur Razzaque said Bangladesh is rapidly moving towards agricultural mechanisation and modernisation. The government has recently undertaken an agricultural mechanisation project of around Tk 30 billion.
“Bangladesh will need a large fleet of agro machinery by 2025.”
“In that case, Indian agricultural machinery manufacturers have a huge opportunity to invest in Bangladesh. Indian companies can set up their factories in Bangladesh to manufacture and assemble agricultural machinery locally and make retail equipment,” said the minister.“Bangladesh is lagging behind in processing and marketing of agricultural products. India is far ahead in this regard. Therefore, India’s cooperation is needed in these cases,” he added. “In that case, the two countries have many opportunities to work together. He also sought India’s cooperation in training of scientists, the supply of seed technology, Bt cotton, maize, almonds and improved varieties and seedlings, milk processing, agro-processing and agricultural mechanisation.”
Agriculture secretary Md. Mesbahul Islam was also present on the occasion.