DHAKA, Feb 24, 2022 (BSS) - State Minister for Industries Kamal Ahmed 
Mojumder today sought Indian continuous support for the country's 
industrialisation. 

  "During the Liberation War, India provided all sorts of support. Since the 
Liberation War, the neighboring country has been co-operating us in our 
development. I hope that India will continue its support in the country's 
industrialisation," he said.

  The state minister said this while speaking as the chief guest at the 
inauguration of the day-long 'India-Bangladesh Auto Component Show 2022' held 
at the InterContinental hotel here. 

  Supported by High Commission of India, Automotive Component Manufacturers 
Association of India (ACMA) in association with Bangladesh Automobiles 
Assemblers and Manufacturers Association (BAAMA) and Indian Commerce Ministry 
organised the event for the promotion of automobile components manufacturing 
sector in Bangladesh. 

   Indian High Commissioner in Dhaka Vikram K Doraiswami attended the 
inaugural session as the guest of honour. 

  In his speech, Kamal Ahmed Mojumder urged the Indian investors to invest in 
Bangladesh as the government is providing all sorts of support to the 
investors in the country.

  "There is a huge opportunity for Indian investments in the automobile 
sector of Bangladesh," he added. 

  He hoped that the Bangladesh would become self-reliant in production of 
automobile parts within the next five years.

  In the last 50 years, Vikram K Doraiswami said, Bangladesh and India have 
enjoyed a golden chapter of bilateral relations. 

  "India and Bangladesh relationship in the 50 years have reached in the 
level of maturity and in the level of high quality relationship," he added.

  He mentioned that the trade relationship between the two friendly nations 
is on growth and the import and export activities between the two countries 
have been increased. 

  He said not only politics but trade will also be a key driver for stronger 
Bangladesh-India ties in the next 50 years.

   President of India Bangladesh Chamber of Commerce and Industry (IBCCI) 
Abdul Matlub Ahmad, among others, spoke on the occasion. 

   Abdul Matlub Ahmad informed that Bangladesh's automobile sector is still 
95 percent dependent on imports.

   So, the people of Bangladesh are paying extra money as import duties on 
commercial vehicles are very high, he added.

  He urged the Indian vehicle and parts manufacturing companies to invest in 
Bangladesh.