By IANS,
Dhaka : A Bangladeshi car battery maker is targeting export of a million pieces to Australia and Europe by next summer after covering markets across South Asia, including India, and Africa.
Rahimafrooz Globatt Ltd exported 175,000 pieces of car batteries worth $5.5 million during October-June period last fiscal.
India and other South Asian countries except Pakistan are among its major markets.
The other countries are Singapore, Kuwait, Qatar, United Arab Emirates, Tanzania, Angola and Namibia.
“This was the first-ever initiative of the company’s global expansion plan. We have been producing batteries that are designed specially for the markets of developed nations, including US, Europe, Korea, Australia,” Munawar Misbah Moin, the company’s managing director, told The Daily Star newspaper.
The dry batteries will be free of maintenance costs, he said.
It is a Taka 1.1 billion ($15.8 million) project of Rahimafrooz, Bangladesh’s pioneer in dry batteries, instant power systems and solar power systems.