Local toymakers elbow out Chinese imports
Industry insiders estimate the market size of the toy industry is no less than Tk6,000 crore and local toy manufacturing companies have already captured 80 percent of the market share.
Women make toy rifles in a toy making factory at Kamrangirchar on the outskirts of the capital. This plastic replica of the AK-47 is a very popular toy among children, especially among the boys. The photo was taken recently.
On a February morning, a group of eight women were busy assembling assault rifles AK-47, one of the world's deadliest weapons in the 21st century, on the second floor at a factory in Kamrangirchar on the outskirts of Dhaka.
Moni Begum, one of the workers, was fully occupied with fitting different parts such as pipes, springs, magazine locks, triggers and gas tubes on the rifles, while others were tightening small-sized black screws into the rifle with an automated hand-held screwdriver which was buzzing continually.
On the rifles, there was a warning sticker inscribed in capital letters: DO NOT SHOOT AT ANY HUMAN OR ANIMAL.
Photo: Noor A Alam/TBS.
Scared? The nearly two-feet long assault rifles are actually made of plastic. But they are flamboyant. The buttstock, heatshield and the pistol grip are a rife yellow colour while the main body and magazine are black.
This replica of the AK-47 is a very popular toy among children, especially among boys.
Everest Toy Industries Limited, one of the country's leading toy manufacturers, produces around 2,000 pieces of AK-47 rifles daily. The company is also manufacturing replicas of other assault rifles, ambulances, racing cars, buses and mobile phones.
"Approximately 60 percent of all our toys are guns. We are producing around 10 lakh pieces of guns annually," said Shahjahan Majumder, one of the owners of Everest Toy Industries Limited. The company has two factories with more than 400 workers and produces 200 types of toys for children.
Shahjahan is also the president of Bangladesh Toy Merchants Manufacturers and Importers Association, the apex body of the toy industry.
This replica of the AK-47 is a very popular toy among children, especially among boys. Photo:TBS
"Different companies prioritize different products. We have chosen guns," Shahjahan told the correspondent, adding, "When this product used to be imported from China, the price of an AK-47 was around Tk.200. Our wholesale price for this gun is Tk.80."
Everest Toy Industries Limited is not the only toy factory in this business. Almost 150 small and large factories are making toys which were completely import-dependent nearly 10 years back. Industry insiders estimate the market size of the toy industry is no less than Tk.6,000 crore. Local toy manufacturing companies have already captured 80 percent of the market share.
"We are now making the products we once imported from China. These are all copied from Chinese toys, which were unknown to us two decades back," Shahjahan said, sitting at his desk surrounded by an array of toys in his wholesale shop at the Chawkbazar area.
Shahjahan told us that more than 1,500 types of toys are being made in the country's local factories.
A bit simplistic but engineers average about 1000-3000 $/per month. Entry level ones may make a little less while senior engineers with extensive experience make more than this typically. Software/web/misc ICT developers probably average 500 or up (hard to say since it's full of freelancers). Office workers are entry level 300 to 500 a month, more experienced folks of course are getting paid more. Assembly workers typically are paid 200ish $ a month, but the minimum wage is 100 $.Bangladeshis
Tell me what are rates for factory labour in your country?
What is a salary of:
What is the price of industrial property, and land?
- Mechanical engineer 3-4 years work experience
- Mechanical engineer fresh grad
- Electronics engineer 3-4 years work experience
- Electronics engineer fresh grad
- Assembly line worker 3-4 years experience
- Assembly line worker random man from the street
- Software developer 4-5 years experience
- Office worker hr/financial
- Office worker shipping/logistics
What is the price of utilities?
How mature is the supply chain? How easy it is to get hands on components, etc?
How fluid is the labour market? How fast can you hire people listed above?
How fast it is for a foreign company to setup there?
How easy it is to get into industrial parks with concessionary tax rates?
Does the figure include things like social security/pension payments, and etc?Gross, but net income would be mainly the same, since income taxes are pretty low in Bangladesh, and a lot of people don't even pay. There are also bonuses that some receive during holidays like Eid or Durga Puja.