Mr Mahmadur Rahman, executive chairman, board of investment, Bangladesh led a 16 member delegation to Tata International on July 14, 2004.

The delegation interacted with Mr Sudhir Deoras, managing director, Tata International, Mr  Alan Rosling, director, Tata Sons, Mr Syamal Gupta, chairman, Tata International and director, Tata Sons and other senior managers present from Tata International, Tata Motors, Tata Chemicals, Tata Power and Tata Services. Tata International made a brief presentation on the Tata Group and Tata International’s global footprint. Sujay Nag from our Bangladesh office briefed the delegation on the contribution Tata International makes to the foreign exchange earnings of Bangladesh, by sourcing leather (US$ 4,170,000 worth in FY04) from Bangladesh, the basic raw materials being imported into Bangladesh for their various industries, and outlined the scope of further business possibilities there. N. Ramachandran, resident manager, Bangladesh for Tata Motors gave a briefing on TML’s operations in Bangladesh, which include 20,000 commercial vehicles and 1,700 Indica taxis which ply there, and a strong after sales back up. 

Mr Rahman urged the Tata Group to invest in Bangladesh under the liberalised FDI regime prevalent there. The meeting explored the possibilities for further business in the areas of power, infrastructure development, IT services and education, bicycles, ceramics, leather, garments, engineering products, and steel.