Bangladesh needs to strengthen local capacity, enhance value addition, and develop backward linkages in agricultural machinery, automobiles, and light engineering to ensure sustainable growth and diversify its export base, according to experts and industry leaders.
Segments of the light engineering sector suffering from significantly lower sales for the past one-and-a-half years
The foundry and light engineering industries in Bogura are thriving amid various challenges but they now need more land, easy loans and technological support to position themselves for the next phase of growth and fight off cheap imports, entrepreneurs say.
