Runner Invests Tk 300cr On Bajaj Three Wheelers

Hossain SabitSeptember 18, 20201 Mins read361

Runner Automobiles Ltd, recently announced to invest Tk300 crore for manufacturing Bajaj three-wheelers. Moreover, the two-wheeler manufacturing pioneer already started partial assembling of Bajaj three-wheelers at its Bhaluka factory complex.

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In fact, this will be the first manufacturing plant of any global three-wheeler brand in the country. Not to mention, ensuring quality, availability, and affordable price, the company’s presence in the three-wheeler market will be strengthened with the manufacturing plant. Additionally, Runner will build new three-wheeler factory sheds, set up frame welding, painting. Coupled with, vehicle assembling and testing facilities.

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“This is a very important and crucial step towards expanding the automobile manufacturing capabilities in Bangladesh and developing local expertise including vendors.

This initiative of Runner Automobiles Limited is in line with the government’s vision of making the light engineering sector a priority.”

– Hafizur Rahman Khan (Chairman, Runner Automobiles)

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At this instant, the nation is replacing CNG to more convenient and cleaner fuels like liquefied petroleum gas (LPG). In this regard. Runner began to import LPG, diesel, and gasoline-run three-wheelers made by Pune-based Bajaj Auto.

Furthermore, LPG will succeed CNG as the next fuel for three-wheelers. To emphasize, LPG is transportable to remote gas stations of the country and CNG prices are on the rise.

Be that as it may, The country is yet to adopt a favorable tax policy. By the same token, an imported three-wheeler requires a 90% tax on its total import price. Experts predict LPG-run three-wheelers will constitute more than two-thirds of the total three-wheelers in the country by the next 5-10 years.

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Written by

Hossain Sabit

Hi! This is Sabit Hossain Jisan. A market researcher and a strategic planner. Providing a solution to online/e-commerce business from the last 3years. I carry well-built knowledge on Search engine optimization (SEO). As a digital marketer, I also enjoy writing web and social media content for companies and individuals. With my gentle negotiation skills and colossal passion for Business and IT, I aim to represent technology in the international market.