Can Bangladesh become an economic powerhouse?

[Nabil365]

total GDP wise Indonesian 3 to 4 times much larger than Singapore, and thats what constitutes a National strength. Now compared yourselves against them, thats a pity a Nation of 170 million people had less total GDP of a tiny Island with population less than 6 million.

I am not even Bangladeshi so why are you telling this to me?
Even though Singapore is smaller we are still better off than Indonesians.

 

[Nilgiri]

Even after trying to sell Indian cars in Bangladesh for four decades - the result is a big fat zero (more or less). The only Indian product fit to carry anything in Bangladesh is buses/trucks, and mostly for 'aloo', onions, seasonal produce and lower income folks, who (bless their hearts) still regret every minute they are in an Indian bus........

We have been importing cars in Bangladesh for as long as I remember and no one gives two hoots about 'indigenization' because it doesn't make sense for the numbers. Bangladesh does just fine with re-conditioned cars, which I'd bet are way safer (and smother riding) than the new-build garbage India has been trying to shove our way thus far. Just save face and stop the effort. No one here is going to buy Indian-made Garbage......

Malnourished economy crying that lack of Indian cars in this malnourished economy means something lol.

https://www.brta.gov.bd/images/statistics-bd-sept-16.pdf

20,000 new registrations of cars a year roughly nowadays...You honestly expect anyone to care about exporting to something that puny and weak? It will just be filled up by used corollas from SEA....oh wait thats exactly what BD car market is lol.

Just why does India buy 150 times the number of cars (and I am only including new cars in India, not total registrations like in BD which are used SEA car dominated) than you do with just 8 times the population?

Get your car market per year to be at least 100,000 new cars (roughly the monthly output of the maruti plant at gurgaon) and someone that matters may take note.

Otherwise a malnourished economy forced to buy a few hand me downs ought to shut up about neighbours several laps ahead in the industrial race. Sorry BBS can't help you cover this up one bit.

 

[gslv mk3]

Otherwise a malnourished economy forced to buy a few hand me downs ought to shut up about neighbours several laps ahead in the industrial race. Sorry BBS can't help you cover this up one bit.

Nailed it.

 

[Mage]

@WAJsal please close this thread. Went too damn off topic with d!ck measuring

 

[Bilal9]

Bangladesh imports second hand vehicles from Japan and has no automobile industry.Bangladesh dominates textile industry but barely makes a splash in other sectors.

Bangladesh actually does not need automobile industry. Our car market is not the size of India's.

That being said, indigenous designing and manufacturing-from-scratch is a reality for motorcycles. And we have been assembling cars from the 60's, just like India. The automobiles we use were (and are) always of a better quality/standard than the usual 'kanjoosi garbage' 800 cc Maruti Altos Indians are so fond of.

In India 1100 cc Dzire is considered a Luxury Car.

Indian's should compare their automobile industry with the Chinese, where it comes up as no comparison. The Chinese are selling luxury cars in the US Market. Yes- US Market.

And - let's not even talk about passenger aircraft. Don't get me started. Dismal.

Indians know this sad state of affairs. Majority of Indian industry is built with import-substitution in mind, Indian products can't compete on the world stage (even with Chinese products). Hence the cheer-leading when some insignificant thing happens on the national stage....

End of story.

 

[James-bond]

Small country with huge Mu* population density that too without OIL....NO,Never.

 

[gslv mk3]

Bangladesh needs no automobile industry. It is not the size of India.

And it's market is 1/70 th the size of Indian one.

 

[Flynn Swagmire]

Small country with huge Mu* population density that too without OIL....NO,Never.

Yah you are a pure Rapeistani as always...

 

[Saiful Islam]

Malnourished economy crying that lack of Indian cars in this malnourished economy means something lol.

https://www.brta.gov.bd/images/statistics-bd-sept-16.pdf

20,000 new registrations of cars a year roughly nowadays...You honestly expect anyone to care about exporting to something that puny and weak? It will just be filled up by used corollas from SEA....oh wait thats exactly what BD car market is lol.

Just why does India buy 150 times the number of cars (and I am only including new cars in India, not total registrations like in BD which are used SEA car dominated) than you do with just 8 times the population?

Get your car market per year to be at least 100,000 new cars (roughly the monthly output of the maruti plant at gurgaon) and someone that matters may take note.

Otherwise a malnourished economy forced to buy a few hand me downs ought to shut up about neighbours several laps ahead in the industrial race. Sorry BBS can't help you cover this up one bit.

A billion plus population will obviously have more cars acquired yearly than Bangladesh. It's common sense. Btw, used corollas are better than nothing.

 

[Bilal9]

Small country with huge Mu* population density that too without OIL....NO,Never.

look at post #65, enough said......

 

[Nilgiri]

A billion plus population will obviously have more cars acquired yearly than Bangladesh. It's common sense. Btw, used corollas are better than nothing.

Well why aren't you acquiring 1/8th the number of India (in accordance to 170 million people)?

Or at least 1/10th or 1/20th or 1/50th? Why is the reality 1/150th?

Used corollas are fine (for BD market current size), but your chap here (Bilal9) says BD should not bother to manufacture/assemble any cars because it does not benefit "common person".....just because he cares about taking India down more than he wants to see BD advance. Hence the response to his idiotic statements.

And it's market is 1/70 th the size of Indian one.

Thats by total number on the road, on yearly sales now, its about 1/150th...given they are growing nowhere near what India is over the last 5 years or so.

 

[Ryuzaki]

Automobile industry contributes 7-8% of India's GDP,but somehow BD doesn't require it

 

[Bilal9]

Automobile industry contributes 7-8% of India's GDP,but somehow BD doesn't require it

Don't worry about GDP of a little country like Bangladesh (one-eighth India's size and which started its industrial development from scratch in 1971), small-minded Bharatis always looking at small things. Look at the GDP of China. You hate the Chinese so much, but you couldn't measure up to their knees even industrially or FDI-wise. China's Per Capita GDP USD 6800. Yours USD 1500. I will allow you Indians to have that sink in for a few hours.

Look at your effed up country and look at real FDI picture. Here are some reasons FDI is not rushing into India (compared to China).

- Your red-tape-ridden bureaucracy is truly effed up. Baboos make effed up decisions and get away with it with no repercussions and industry is over-regulated to the hilt. States set their own effed-up investment-antagonizing labor rules disconnected with world-trends and standards. Hell you can't even hire non-state people in some states.

- Compared to China, your infra sucks. In addition- industry is placed away from coastal areas and raw material (or finished product) trans-shipments sometimes takes weeks, not hours. Good luck with that in attracting FDI. Every FDI scenario in India first more or less considers feeding majority of internal demand. Import replacement in other words. No one investing in India betting on world-beating exports from this place. Because India is simply unable to compete on quality. Indian effed-up quality is for Indians only. Same thing with cars, put together using tinfoil-gauge sheet-metal that can't pass safety standards anywhere in the world.

- Reliable data measuring India's economy are fuzzy, to say the least. Most businesses are tiny and unregulated; many people are employed off the books. India also uses wholesale, not final, prices to deflate nominal GDP. Due to lower oil prices, the wholesale price index has been falling for 17 straight months while retail prices are still rising at a 5 percent annual rate. So the reported real GDP numbers are (as usual with everything else in India) overstated. But no matter! Sanghis still get out your Pom-Poms because they are gonna dance with those made-up GDP numbers anyways. In spite of local fanboy 'Ullyas' foreigners are fully aware of what the state of Indian economy is, so too bad about the FDI.

- Once again for 2016 (surprise, surprise!) your effed up country is once again judged the worst corrupted country in Asia. Yes the Vyapam scam was the cherry on top of the cake. Congrats.

 

[Aung Zaya]

Bangladesh

i wonder why BD car registeration is so small compare to its population and ecomy..? even Myanmar with 54m population imported over 300,000 vehicles within 5 years.. u guys didnt register ur cars..?

 

[gslv mk3]

Look at your effed up country and look at real FDI picture. Here are some reasons FDI is not rushing into India (compared to China).

http://www.hindustantimes.com/busin...global-fall/story-46rFyAzqBeOo4SUgQHIe1M.html

industry is placed away from coastal areas and raw material (or finished product) trans-shipments sometimes takes weeks, not hours

Reliable data measuring India's economy are fuzzy, to say the least. Most businesses are tiny and unregulated; many people are employed off the books. . So the reported real GDP numbers are (as usual with everything else in India) overstated.

Quoting anant s sir here

International agencies have often pointed out to this fact that a lot of transactions in economy (especially the unorganized one) don't get noticed for either these are low value and/or done through cash. but given the volume of these activities is so huge, if we add up total activity volume, it would have major implication on GDP numbers.
Since these transactions aren't duly noted(& by extension taxed, wherever required), their contribution to economy is not noticed and GDP remains Under Estimated.

o one investing in India betting on world-beating exports from this place. Because India is simply unable to compete on quality. Indian effed-up quality is for Indians only. Same thing with cars, put together using tinfoil-gauge sheet-metal that can't pass safety standards anywhere in the world.

Lol here comes the usual crap. We export 650,000 cars annually to countries like UK, mexico etc.

Ford's new EcoSport SUV will be imported from India

That being said, indigenous designing and manufacturing-from-scratch is a reality for motorcycles

Bullshit. You've zero experience in designing a motorcycle from scratch. And especially not Walton which accounts for a mere 7% of BD's motorcycle market.

And we have been assembling cars from the 60's, just like India.

Only an absolute idiot will compare CKD assembly of Vauxhauls to world's fifth largest automobile industry. But nothing smart can be expected from BeeDees.

Indian's should compare their automobile industry with the Chinese, where it comes up as no comparison. The Chinese are selling luxury cars in the US Market. Yes- US Market.

Let's see how that goes, given that Chinese cars are looked down upon, even in China.

Why Americans Won't Buy Chinese Cars

But the cheerleading can continue...

And - let's not even talk about passenger aircraft. Don't get me started. Dismal.

Let's not even talk about nuclear & space technology, fighter jets or helicopters

Indian products can't compete on the world stage (even with Chinese products).

Keep crying while we increase our car exports to 1 million units per year