The Dhaka Times Desk Pran RFL is the first industrial group of Bangladesh, this time they set up the country's largest bicycle production factory in Habiganj!
Pran RFL has informed that they have started the production of this factory to meet the needs of the country as well as to export abroad, now about 800 trained local workers are working in the factory.
40 percent of the parts of these bicycles manufactured by PRAN RFL will be brought from outside the country, but very soon the dependence on foreign parts will be reduced. At present the monthly maximum limit of PRAN RFL's production cycle is 50000 pieces but now PRAN RFL has produced 30000 piece cycle per month.
These bikes manufactured at Pran RFL factory are named “Durant”. PRAN RFL expects Durant to spread to rural Bengal in Bangladesh very soon. Especially the young society of Bangladesh is now very much interested in bicycles, besides there is a huge demand for bicycles as a cost-effective means of communication in rural areas. Bicycle is an environmentally friendly vehicle.
At present there are two more bicycle manufacturing factories in Bangladesh including Pran RFL, two factories are located in export processing areas and one of them is a Sri Lankan company. Bangladesh is the world's fifth bicycle exporting country. A large part of the European market is bicycle exports from Bangladesh.
PRAN RFL said their main aim is to provide bicycles at affordable prices to the people of the country and capture the markets of India and Bhutan. PRAN RFL manufactures 4 types of bicycles namely Mountain Bikes (MTB), Light Sports Bikes (SLR), Children and Minors. This bike will be available in the market in early 2014.
Source: Businessoutlookbd
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