Home ›› 16 May 2022 ›› Corporate
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the businessmen to ensure the quality of domestic products in order to utilise the potential of the global market for electrical goods.
“It is possible to deliver electrical products to the world market if we can ensure quality products,” FBCCI President Md Jashim Uddin said.
He was speaking as the chief guest at the maiden meeting of the FBCCI Standing Committee on Electrical and Electronics Merchandise held at the FBCCI Board Room in Dhaka, a press release said.
“We had to import electrical products before, but now about 80 per cent of goods are being made in the country. Compliance is a big issue for the development of the sector,” he said.
The FBCCI chief said that whether big or small companies, all are contributing to the economy of the country. The government is also providing necessary support to keep the small traders afloat.
“We also need to cooperate in formulating policies for them. We should work for the development of the whole sector, not only for our own business.”
Jashim Uddin also urged the businessmen to put emphasis on the establishment of backward linkages.
FBCCI’s Senior Vice President Mostofa Azad Chowdhury Babu said that we should provide full cooperation to these sectors including electrical, which can generate revenue by exporting products to world market.
FBCCI’s Vice President Director-in-Charge of the Committee M A Razzak Khan said that there are policies in almost all sectors including garments and leather, except this electrical and electronics sectors. As a result, most of the companies in the country are in recession except a few.
President of Bangladesh Television Manufacturers Association and Co-chairman of the committee Md. Sohel Khan demanded a separate industrial zone for assembling television and SRO facilities on this sector with the help of backward linkage.
FBCCI's panel advisor and co-chairman of the committee, Dr Kazi Iqbal said that due to lack of research and sufficient data, electrical and electronics sector in Bangladesh is not growing significantly. We need to work through overall mapping on this sector.
The meeting was chaired by former director of FBCCI and chairman of the committee Engr Mohd. Mohabbat Ullah. Citing the lack of data in the electronics sector, he informed about his planning of creating a databank in the sector on his own initiative and sending it to the government through FBCCI.
Among others, FBCCI Vice President MA Momen, Md Amin Helaly, Director Hafez Harun, Former Director Khandaker Ruhul Amin, Committee Co-chairman Mafizur Rahman, Salauddin Yousuf, FBCCI Secretary General Mohammad Mahfuzul Hoque and other members were present at the meeting.
