IBAM aims to modernise, commercialise agriculture by using state-of-the-art tech

IBAM draws huge crowd on 2nd day

Published : 28 Jan 2023 09:31 PM

The Indo-Bangladesh Agri Mechanisation Summit (IBAM) has drawn  a huge crowd on Saturday, the 2nd day of the  summit.

Beginning on Friday, the three-day summit mainly aims to modernise and commercialise the country's agriculture through using state-of-the-art technology in farming. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the Confederation of Indian Industry (CCI), and the Indian High Commission (IHC) in Dhaka jointly organised the event at the International Convention City Bashundhara (ICCB).

Agriculture Minister Dr Muhammad Abdur Razzaque formally inaugurated the summit as the chief guest.

 While addressing, Minister said Bangladesh government has emphasised commercialisation of agriculture.

"The government has been working to modernise and commercialise the agriculture sector. It has made a comprehensive plan for this. Mechanisation is going to play a very important role."

Bangladesh has become self-sufficient in terms of availability of food grains. The government's agenda is ensuring food security now. It not only includes availability of grains but also providing those at affordable prices with high nutritional value and in a safe way for consumption, he maintained.

FBCCI President Md. Jashim Uddin said the recent developments of Bangladesh in connectivity, use of inland waterways, transit, and transshipment through Chattogram and Mongla ports towards Northeast India are very promising in terms of economic growth.

The FBCCI chief invited the Indian business community to attend the upcoming Bangladesh Business Summit in March. Indian High Commissioner to Bangladesh Pranay Kumar Verma, as a guest of honour, thanked the Tractor and Mechanisation Association (TMA), CII, and FBCCI for organising the summit.

Farm mechanisation is important, as agriculture has a significant contribution to economies of India and Bangladesh. There is a huge scope of collaboration in agriculture between the countries, he noted.

India is the largest export destination of Bangladesh in Asia. Bangladesh is the largest business partner of India in the South Asian region. Bangladesh is a very close friend of India, and both the countries are working together in various sectors, he added.

TMA Committee President Bharatendu Kapoor, President of Mahindra and Mahindra Ltd and President of TMA Hemant Sikka, Managing Director of Metal Pvt Ltd Sadid Jamil, and President of ACI Motors Dr. A. K. M. Fareyzul Haque Ansarey were also present, among others, at the event.