IFAD Autos Limited, the leading commercial vehicle manufacturing and marketing company in the country, has accomplished a significant achievement by manufacturing 10,000 vehicles under the Ashok Leyland brand at its Dhamrai factory.
In a modest ceremony held at the plant in Dhamrai, located adjacent to the Dhaka-Aricha highway on Saturday (15 July), the milestone was commemorated, as stated in an official press release. If you want to see Ashok Leyland Truck details you can check our Ashok Leyland Truck Price in Bangladesh article.
The event commenced with Iftekhar Ahmed Tipu, the Chairman of IFAD Group, cutting the ribbon and cake. Distinguished representatives from Ashok Leyland’s operations in Bangladesh and India graced the occasion with their presence.
The manufacturing facility specializes in producing a wide range of models, including air-conditioned (AC) and non-air-conditioned (non-AC) buses, trucks, and covered vans, all under the prestigious Ashok Leyland brand from India. It stands as the largest commercial vehicle manufacturing plant in the country, brought to fruition through private enterprise.
IFAD Autos Limited initiated vehicle production at the factory in early 2017, with technical assistance provided by Ashok Leyland from India. For Ashok Leyland Bus Details check the Ashok Leyland Bus Price in BD article.
Reflecting on this momentous occasion, Iftekhar Ahmed Tipu expressed, “Today is a joyous day for IFAD Group. Given the prevailing conditions in our country, venturing into the production of heavy vehicles was an immense challenge.
Through meticulous planning, tireless effort, and the collective dedication of all parties involved, IFAD AUTOS has triumphed over this challenge. Moving forward, IFAD Group aims to lead the way in manufacturing vehicles incorporating modern technology.”
He also remarked, “In recent years, Bangladesh has made revolutionary strides in the field of heavy commercial vehicles. The escalating demand for such vehicles has necessitated increased imports, incurring significant foreign currency expenditure. To address this, IFAD Autos Limited established the Dhamrai factory.”
Furthermore, he highlighted that while the plant initially began by manufacturing vehicles, it has now expanded its operations to assembling top-tier AC and non-AC luxury buses. He expressed optimism that the annual production capacity of automobile bodies, currently set at 1,000, will soon experience further growth.
The Chairman of IFAD Group emphasized, “Importing vehicles currently involves considerable time and effort. However, with the opening of this factory, we can fulfil the buyers’ demands promptly. For all brand car check the Car Price in Bangladesh article.
Through the production of diverse models of air-conditioned (AC) and non-air-conditioned (non-AC) buses, trucks, and covered vans within the premises of IFAD Autos Limited’s factory, we can provide our customers with substantial cost advantages when compared to imported vehicles. This results in tangible benefits for our valued clientele.
He declared that IFAD Autos Limited has charted a new course in the country’s history as a private enterprise. The factory plays a distinctive role in the national economy, effectively utilizing domestic raw materials, fostering the development of a skilled workforce, and generating fresh employment opportunities.
