Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here is the second part on the automobile industry.
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Fresh investment of around Tk 2,500 crore has been made in the automobile industry in the past two and half years since the formulation of the Automobile Industry Development Policy 2021, according to industry insiders.
Fresh investment of around Tk 2,500 crore has been made in the automobile industry in the past two and half years since the formulation of the Automobile Industry Development Policy 2021, according to industry insiders.
Electrification of Bangladesh's transportation sector will help lower its greenhouse gas emissions, but there are teething issues amidst this transition.