The market for light commercial vehicles (LCVs) is growing steadily thanks to the rising number of small and medium enterprises and young entrepreneurs running businesses all over Bangladesh, according to market players.
Bangladeshi automobile makers do not have proper policy support, design and drawing to locally produce two-, three- and four-wheelers, businesses said today.
The demand for motorcycles with a higher engine capacity is growing among bike enthusiasts in Bangladesh as these models are becoming increasingly safer and cheaper.