A state-of-the-art plant by Runner Motors is being set up to assemble Eicher brand commercial trucks in Bangladesh.
The initiative has been taken as a primary move to manufacture vehicles locally complying with the industrial policy announced by the government.
The trucks imported from India in complete knock-down (CKD) condition will be assembled with the technical assistance of Volvo Eicher Commercial Vehicles Limited.
Runner Motors Limited has initiated a groundbreaking ceremony at Runner’s factory at Bhaluka in Mymensingh on 29 August 2017.
From this plant, it is expected that Eicher trucks will be assembled in Bangladesh from next year.
Runner Motors Limited and VE Commercial Vehicles Limited signed a partnership agreement in the capital.
VE Commercial Vehicles Limited is India’s one of the largest commercial vehicle manufacturers.
Vinod Aggarwal, Managing Director, and CEO of VE Commercial Vehicles Ltd, Hafizur Rahman Khan, Chairman of Runner Motors Ltd and Senior Vice-President (Sales, Marketing, and Aftermarket) of VE Commercial Vehicle, were present at the inaugural ceremony in Bhaluka.
Replying to a query from the media, Afizur Rahman Khan said, “We partnered with Eicher Trucks and Buses to start work on new CKD assembly facility.”
“Bangladesh is the fastest developing nation and with Eicher’s capability to provide vehicles with best in class fuel efficiency and higher productivity, we look forward towards continued synergy to modernize Bangladesh’s commercial vehicle industry,” he also said.
Vinod Aggarwal said, “Bangladesh has always been an important market for Eicher and we were the first player to introduce BS III vehicles in the country. We bring together, Volvo Group’s global expertise and world-class technology along with innovative engineering and proven DNA of fuel efficiency from Eicher.”
Equipped with new generation technology, assembly lines and testing facilities, the plant will roll out up to 500 units every month from next year.
The assembling project will make progress in three phases.
In the first phase, assembly line as well as the testing line will be set up, while top coat painting line will be added in the second phase and in the third phase ‘Body shop”, “CED Primer” and “Frame Welding Facility” will be installed.
The project will start trial production in October 2017.
Run in a single shift, the plant will have the capacity to produce 250 units daily and 3,000 annually, Hafiur Rahman Khan said.
Eicher is running its business in Bangladesh for the last three decades with great pride and the sale of Eicher trucks has increased four times for the last three years.
This project would create job opportunity for a large number of people of the country.