Bangladesh has started a glorious journey in its industrialization by stepping into the global market through exporting motorcycles to Nepal, Commerce Minister Tofail Ahmed said yesterday, reports BSS. "For encouraging local two-wheeler manufacturers, the government would announce cash incentives for them in the coming budget and would slap higher duty on import of bikes to accelerate the growth of the local automobiles industry," he said while launching export of Runner brand motorcycles to Nepal. The minister inaugurated the export programme of the bikes of local manufacturer Runner Automobiles Limited at a ceremony on its factory premises at Bhaluka in Mymensingh.
Through launching export of bikes manufactured by Runner Automobiles Limited, Tofail said, the country has been able to diversify its export basket and the government would do everything that is required to boost the local industry. Top officials of Runner welcomed the minister when he earlier arrived on the Runner factory premises at 12noon. He visited the factory of Runner Automobiles Limited to inspect the production process of Runner brand bikes.  Tofail expressed his happiness to see the high-quality production line of Runner Automobiles Limited and praised the management of the company for their relentless efforts to move the country's automobiles industry to such a great extent.
Chairman of Runner Automobiles Limited Hafizur Rahman Khan, Vice Chairman Md Mozammel Hossain, Managing Director and CEO Mukesh Sharma, Prime Minister's Assistant Private Secretary Saifuzzaman Shikhor, Chairman of Nepal's Matrix Moto Corp Pvt Ltd Dilip Kumar Karma, local lawmaker Prof M Amanullah, Charge d' Affairs of Nepal Embassy Dhan Bahadur Oli as well as the directors of Runner Automobiles and senior officials of the local administration were present.