Bangladesh Economy

Pakistan Space Agency said:
What if he's found out that he's not running an economy of $400 billion but it's $300 billion instead?
Click to expand...

He should rebase it, immediately.

Or he should shut up!

If he can convince the IMF and world bank - he will deserve an actual Nobel prize - like the ones won by Indians and Pakistanis.

Not the charity case one - won by numerous war criminals, terrorists, thieves and a literal child.
 
UKBengali said:
Ok, let's hit with valid data for home appliance market.

Seems like per capita BD buys more household appliances than India now. BD may have already reached the "critical mass" of wealth to afford consumer goods at the same level as India.

India is going to have higher growth over the rest of the decade maybe due to faster expected economic growth or BD has become saturated earlier.

Pakistan per capita is around half that of both BD and Pakistan and growing much slower than either.

@BananaRepublic @SoulSpokesman

www.statista.com

Household Appliances - Bangladesh | Market Forecast

Bangladesh: Revenue in the Household Appliances market amounts to US$****bn in ****. The market is expected to grow annually by ****% (CAGR *********). Definition: The Household Appliances market covers appliances that are usually used in private households to perform various tasks such as...
www.statista.com www.statista.com
  • The revenue generated in the Household Appliances market in Bangladesh is estimated to be US$9.21bn in 2025.
  • It is projected to experience an annual growth rate of 5.25% (CAGR 2025-2029).

  • https://www.statista.com/outlook/cmo/household-appliances/india


  • The revenue generated in the Household Appliances market in India is estimated to be US$63.84bn in 2025.
  • It is projected to grow annually by 7.23% (CAGR 2025-2029).


    www.statista.com

    Household Appliances - Pakistan | Statista Market Forecast

    Pakistan: Revenue in the Household Appliances market amounts to US$****bn in ****. The market is expected to grow annually by ****% (CAGR *********). Definition: The Household Appliances market covers appliances that are usually used in private households to perform various tasks such as...
    www.statista.com www.statista.com


  • In 2025, the revenue in the Household Appliances market in Pakistan amounts to US$5.59bn.
  • It is projected to grow annually by 1.01% (CAGR 2025-2029).
Click to expand...

That stat kills the claim that the average Bangladeshi is still poorer (combination of wealth and income) than the average Pakistani.

Because white goods consumption is the first rung after food and shelter.

Hasina propelled Bangladesh above Pakistan and close behind India lol
 
BananaRepublic said:
That stat kills the claim that the average Bangladeshi is still poorer (combination of wealth and income) than the average Pakistani.

Because white goods consumption is the first rung after food and shelter.

Hasina propelled Bangladesh above Pakistan and close behind India lol
Click to expand...


BD has successful home-grown electronics companies while in India it is just multinational like Samsung and LG.

Consumers in BD prefer Walton over Samsung/LG for a range of electrical goods such as TVs and fridges.

That FTA with India would allow Walton unfettered access to the large and fast growing India market. In the absence of home-grown alternatives there is no reason why Indian consumers would not also prefer Walton products that are know for quality and durability.

BD needs to hurry up and sign that FTA with India asap as that is the next USA/Germany for BD exporters.
 
UKBengali said:
BD has successful home-grown electronics companies while in India it is just multinational like Samsung and LG.

Consumers in BD prefer Walton over Samsung/LG for a range of electrical goods such as TVs and fridges.

That FTA with India would allow Walton unfettered access to the large and fast growing India market. In the absence of home-grown alternatives there is no reason why Indian consumers would not also prefer Walton products that are know for quality and durability.

BD needs to hurry up and sign that FTA with India asap as that is the next USA/Germany for BD exporters.
Click to expand...

For some reason - Indians aren’t good at making things of international quality - unless they partner with foreigners.

Fast buck nature of the banya class?
 
BananaRepublic said:
For some reason - Indians aren’t good at making things of international quality - unless they partner with foreigners.

Fast buck nature of the banya class?
Click to expand...


BD pharmaceutical sector is strong enough now to fend off Indian competition and it would dominate India in garments and electronics.

Problem now is IG has no legitimacy or mandate to sign that FTA with India. Once an election is held, that FTA needs to be signed asap as there is massive amounts of money to be made in India.

Walton and BD garment manufacturers can build hundreds of factories in India in order to satisfy "Made in India".
 
@UKBengali

Walton and BD garment manufacturers can build hundreds of factories in India in order to satisfy "Made in India".

I would welcome such investment for sure.

Eastern and NE India are right destinations for BD's investments in the garmenting industry. People are poor here and wage rates are low. The only problem is poor infra, indifferent law and order and the generally business unfriendly atmosphere.

Regards
 
@UKBengali

UKB dada,

BD has successful home-grown electronics companies while in India it is just multinational like Samsung and LG.

True to a great extent, but not entirely.

Indian brands are almost absent in mobile phones, TVs and washing machines. Chinese and Korean brands have a near monopoly with Apple also being strong in its niche segment.

In ACs and refrigerators there is still a reasonable presence of Indian brands. Voltas, Croma, Blue Star and Lloyd in ACs, Lloyd and Godrej in the refrigerators.

In some of the smaller appliances such as geysers, sewing machines, water purifiers, LED lamps, fans etc there is still a significant presence with likes of Havells, Usha, Orient.

Unfortunately, I don't see a great deal of change in the scenario. The only possibility is that Reliance has plans I believe to launch a whole range of electronic products under its own label and parallelly there is a proposal to have a large PLI scheme for white goods as well.

Regards
 
1000004775.png
HOUSTON, Jan 24 (Reuters) - Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually, the company said in a statement on Friday.
This is the first major U.S. LNG supply deal since President Donald Trump took office on Monday, and according to the parties, reflects industry confidence in the new administration's pro-energy policies.

Since coming to power Trump has taken executive action to end the Department of Energy's pause on licenses to export the super-chilled gas to countries that do not have free trade agreements with the United States, as he tries to increase U.S. exports of LNG. The United States is already the largest exporter of LNG in the world and is expected to double its capacity by 2028, according to the U.S. Energy Information Agency.

If the Argent LNG project in Port Fourchon is completed, its cargoes could be sold to Petrobangla, a Bangladesh state-owned company, according to the agreement.
"This agreement not only ensures a reliable energy supply for Bangladesh’s expanding industrial base but also strengthens our strategic partnership with the United States," said Ashik Chowdhury, executive chairman of the Bangladesh Investment Development Authority.

Bangladesh has been seeking long-term solutions to its energy demands and has been trying to move toward increased use of LNG. But the country is also price sensitive and in 2022, as LNG prices spiked due to Russia's invasion of Ukraine, it reverted to burning cheaper coal.

 
My sources indicate that Starlink will be available in Bangladesh very soon this year.

Link to the news below:
www.tbsnews.net

Banglalink to provide Starlink service in Bangladesh if partnership with VEON sealed

Veon wants to offer space-based connectivity in areas where the terrestrial network doesn’t reach customers in Pakistan, Bangladesh, Kazakhstan and Uzbekistan
www.tbsnews.net www.tbsnews.net

The 2nd last paragraph offers a lot of clue as to their strategy. Veon is the mother company of Banglalink.

Veon's growth strategy is to offer under-served markets telecom access and then expand into segments such as financial services and entertainment.
 
SoulSpokesman said:
@UKBengali

UKB dada,

BD has successful home-grown electronics companies while in India it is just multinational like Samsung and LG.

True to a great extent, but not entirely.

Indian brands are almost absent in mobile phones, TVs and washing machines. Chinese and Korean brands have a near monopoly with Apple also being strong in its niche segment.

In ACs and refrigerators there is still a reasonable presence of Indian brands. Voltas, Croma, Blue Star and Lloyd in ACs, Lloyd and Godrej in the refrigerators.

In some of the smaller appliances such as geysers, sewing machines, water purifiers, LED lamps, fans etc there is still a significant presence with likes of Havells, Usha, Orient.

Unfortunately, I don't see a great deal of change in the scenario. The only possibility is that Reliance has plans I believe to launch a whole range of electronic products under its own label and parallelly there is a proposal to have a large PLI scheme for white goods as well.

Regards
Click to expand...


Ironically this is one of those things that makes a BD-India FTA so appealing!

1. BD exports garments and electronics to India. It can build factories in India to comply with "Make in India'.

2. India exports agricultural goods, raw materials, electricity and machinery to BD. I also think that BD IT sector will be helped with Indian investments after FTA.
 
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