Business

Indian businesses keen to invest in Bangladesh’s jewellery industry

B2B summit ‘Sonar Bangla’ held in Goa


Published : 05 Jul 2022 08:26 PM

Bashundhara Group Managing Director and Bangladesh Jewellers’ Association (BAJUS) President Sayem Sobhan Anvir inaugurates the B2B summit ‘Sonar Bangla’ in Goa, India on June 28.

Leading Indian businessmen have expressed their interest to invest in setting up jewellery manufacturing factories in Bangladesh.

They have shown the interest after receiving a request from Bangladesh Jewellers’ Association (BAJUS) President Sayem Sobhan Anvir during an international expo held in India recently.

Addressing the opening ceremony of the exposition, the BAJUS President said Bangladesh has skilled goldsmiths while India has skilled designers.

BAJUS in association with Indian company KNC Services Ltd organised the first-ever B2B summit styled ‘Sonar Bangla’ at five-star hotel The Leela in the Indian state of Goa.

Chief Minister of Goa Dr Pramod Sawant addressed the inaugural session virtually while Bashundhara Group Director Sabrina Sobhan was on stage.

BAJUS Vice-President and Chairman of its Standing Committee on Foreign Trade and Market Development Badal Chandra Roy, Sonar Bangla Expo convener Hasmukh Parekh and KNC Services Ltd founder Kranti Nagvekar spoke on the occasion.

During the meeting, Indian businessmen expressed their interest in investing in setting up jewellery factories in Bangladesh in response to the call of BAJUS President Sayem Sobhan Anvir.

Speaking as the chief guest at the inaugural function, BAJUS President said India is far ahead of Bangladesh in the jewellery sector and Bangladesh is now trying to stand up.

“My request is that India, as our close friend and neighbour, will extend its hand of cooperation to Bangladesh. I invite Indian jewellery traders to set up manufacturing plants in Bangladesh,” he said.

 “We are ready to provide technical assistance to jewellery traders in Bangladesh. Let India-Bangladesh trade relations be further improved,” he said. BAJUS Vice-President Badal Chandra Roy said India and Bangladesh have historical bonding as we cooperate in each other's work.

“Now, our vision is manufacturing in Bangladesh. And to achieve this goal, we want India on the side of Bangladesh. The jewellery business in Bangladesh is improving day by day and the jewellery sector is contributing to the GDP of Bangladesh,” he said.

KNC Services Founder Kranti Nagvekar expressed gratitude to BAJUS President Sayem Sobhan Anvir for participating in the 'Sonar Bangla' jewellery expo.

On the same afternoon, BAJUS President Sayem Sobhan Anvir paid a courtesy call on Goa Chief Minister Promod Sawant.

The BAJUS president sought cooperation from Pramod Sawant for development of jewellery  industry in Bangladesh. He expressed interest in working together to develop trade relations between the two countries.