'Domestic market for local car production absent in Bangladesh'

The automobile industry in Bangladesh is yet to reach the stage where producing cars locally could be considered a viable business due to the current market size, according to experts

Dec 03, 2020
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The automobile industry in Bangladesh is yet to reach the stage where producing cars locally could be considered a viable business due to the current market size, according to experts.

"Development of the domestic car industry requires a sizable domestic market, which is currently absent," said Ahsan H Mansur, executive director of the Policy Research Institute (PRI).

Mansur was speaking at a webinar styled "Car Market in Bangladesh: Challenges and Prospects" organised by the PRI yesterday.

https://www.thedailystar.net/business/news/domestic-demand-insufficient-promote-local-car-production-2004929

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