Made in Bangladesh
Bangladesh is a country that was part of Pakistan which was part of India once.India was divided on basis of religion :Hindu and Muslim. The Muslim part being Pakistan which was two part West and East Pakistan. Bangladesh was East Pakistan which had borders with India. It was considered inferior as well as its people. Due to the injustice on part of West Pakistan administrators and atrocities committed on the East Pakistan civilian population it went to war in self defence with Pakistan which attacked its own people.
But Bangladesh has come a long way after being called ‘bottomless basket’ by U.S. Secretary of State Henry Kissinger.
It is known in this video below
The current scenario
Population:166 (2019 est) Million (majority Muslims professing religion of Islam )
1US$ dollar =85 Bangladeshi Taka.
Median age:27.6 years
GDP:347 Billion US $ (2020).
Economy growth:7.3%
Average temperature :32 Degrees Centigrade.
I remember going to United States somewhere in 1990 ,boy was I excited and had chance of
visiting New York,Washington D.C..,Chicago,Los Angeles and of course Houston.In Houston went to do some shopping in TARGET.My dad bought us two brothers jackets and when we came back home we found the Made in Bangladesh tag,boy was I mad.
But I am not mad anymore but really happy.
Here is an article about the Garment industry in Bangladesh. The World Economic Forum had to say this about Bangladesh :https://www.weforum.org/agenda/2019/11/bangladesh-gdp-economy-asia/
The income of Bangladesh :
Some of the income in Bangladesh :
- Garments —32 Billion US $ (2018)
- Chemical —160 million US $(2019)
Recently IT has been another sector that has come into focus.
In the world of e-commerce,in the internet what you are selling is pictures.If the customer likes the product (depending on the looks pictures) he then orders regardless of how the product is.
There are e-commerce business who need image processing like :
- Color Correction
- Retouch
- Clipping Path
- Shadow
- and other Image processing services.
Here are some sites that would need Image processing services :
https://www.mercedes-benz.com/en/
In Bangladesh we have companies doing these image editing or photo editing services.
Usually companies like Mercedes and BMW usually give the work to Germany image editing agencies like Schnell Media https://www.schnellmedia.com/en/ to do the work. This company either does by its production office in Bangladesh (usually they have difficulty because their management is inefficient) so they outsource to some Bangladeshi Pre Production or Photoediting company.By this process Mercedes Benz and Bangladeshi company make less profit. If they could cut out the middle man then both could profit.
Some other companies needing Image Editing
https://nelly.com
https://zara.com
https://www.kaufland.de/
The above are some examples. Any one wanting to sell online needs Photo Editing or Fotobearbeitungsdienste. Better known as Clipping Path Services or Beschneidungspfaddienste.
These are basic photo editing work but think if you have 800 to 1000 pictures or more where you want clipping path or retouch services done.
It would cost a lot in Europe or America. So what you do
You out source to Bangladesh
- You Save 47 % of costs
- You get perfect quality and in time.
Photo Editing is a part of Graphics Design which is a growing industry in Bangladesh.
Bangladesh offers also in Graphics Design
- Magazine Design using InDesign
- 3D render and civil engineering services
- Logo Design and other related services.
Software is also big part of the emerging IT industry in Bangladesh.
Bangladesh is offering Software Development services:
- Software Development which includes :
- Web development —PHP&.NET as well as Java,Python.
- Mobile Application development for IOS & Android.
- Service Oriented development
The Bangladeshi IT sector is emerging fast and yielding results.
- bKash — income from Bangladesh :30 billion US $ per year.This income is from Bangladesh.
- Pathao A rider sharing app competitor to Uber in Bangladesh. It is valued at 100 million US$.This shows anybody with an idea and funding from investors (in case of Pathao–12 million US $ investment.) can give birth to a successful revenue making business based in Bangladesh.
- Chaldal.com earning 100 Core Bangladeshi(11 millions 77 thousand plus US $ ) Taka per year.
High tech park of Bangladesh is offering incentives to tech companies setting up their offices in Bangladesh.
http://www.newagebd.net/article/58145/nbr-widens-tax-waiver-for-investors-in-hi-tech-parks
High tech park site:http://www.bhtpa.gov.bd/
Person to contact:Hosne Ara Begum, MD ,High Tech Park authority.
Apart from IT
Two car companies have expressed their desire to produce cars in Bangladesh.
They are
- Mercedes Benz of Germany.
https://www.thedailystar.net/business/news/germany-proposes-assemble-bmw-mercedes-benz-cars-bangladesh-1797874
2.Mitsubishi of Japan
https://www.thedailystar.net/business/news/mitsubishi-invest-100m-assemble-cars-bangladesh-1744684
Bangladeshi students can think of studying automobile engineering or studying related courses.
German universities are best for studying automobile engineering.
Some are
- TUM :Technical University of Munich.
- Technical University of Berlin.
An interesting fact is about Bangladesh’s own Car designer
Nizamuddin Awliya “Leepu” An US citizen born in Bangladesh designed the Leemo-Bil” his version of Lamborghini Contach from a Daihatsu Charade.
TechKhala’s advice to Leepu”:
I guess Leepu knows story of Lamborghini.
Why not make a Bangladeshi car company in Bangladesh Leepu (bro)?
(I can feel the emotion as you went through to car exhibition in Riyadh. I had last visited in 1988 ,Jeddah marvelling at Lamborghini and Ferrari but was not interested in designing cars as my friend in school).
Anybody wanting to make investment in Bangladesh with quick returns should really do it.
There are several hotels of 5 star standards in Bangladesh as Dhaka is becoming a hub.
Smartphones are being made in Bangladesh. Bangladesh has come a Lon way because of the zeal and hard work of its people.
