Rangs opens automotive assembly plant

It will help cut vehicle prices by 10-15pc
Our Correspondent, Narayanganj
Rangs Group, one of the leading business conglomerates in Bangladesh, opened a vehicle assembly plant in Sonargaon on Friday to tap the fast-growing local market.
The facility sprawling over 40 acres of land in Sonakhali under Sonargaon upazila of Narayanganj will initially assemble pick-ups and human haulers with completely knockdown (CKD) kits from Indian multinational car manufacturer Mahindra & Mahindra Ltd.
Road Transport and Bridges Minister Obaidul Quader inaugurated the plant, which has the capacity to produce more than 2,000 vehicles per year.
“Today is a big moment for both Rangs and Mahindra groups. The inception of the vehicle assembly plant in the country is a milestone for us,” the minister said.
“I hope vehicles assembled from this plant will be high in quality and sustainable as well.”
He lauded Rangs Group for its national contribution and thanked the chairperson of Rangs Group for doing business with honesty and integrity.
The minister also said Mahindra has reputation for producing high quality products. Rangs Motors Managing Director Sohana Rouf Chowdhury said customers would get vehicles at 10-15 percent reduced cost compared to imports.
“With this local assembly unit, we will now be able to deliver products in short time and at more affordable prices,” she said.

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Rangs opens automotive assembly plant

It will help cut vehicle prices by 10-15pc Our Correspondent, Narayanganj Rangs Group, one of the leading business conglomerates in Bangladesh, opened a vehicle assembly plant in Sonargaon on Friday to tap the fast-growing local market. The facility sprawling over [Read more...]

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