Runner, Bajaj to build three-wheeler manufacturing plant in BD
Published: 01:31 PM, 16 September 2020
Runner Automobiles is going to build a three-wheeler manufacturing plant in Bangladesh with the corporation of Indian automobile giant Bajaj Auto Ltd.
For this, the board of directors of Runner Automobiles is going to sign a deal with Bajaj Auto with a cost of Tk 300 crore, according to a report by English daily Daily Star.
Under the agreement, Runner Automobiles will manufacture and distribute RE 4S 3-wheeler of Bajaj in Bangladesh and will take necessary technical support for parts and components, assembling and manufacturing of vehicles from Bajaj Auto Ltd.
This will be the first-ever three-wheeler manufacturing plant of a global brand in Bangladesh.
Runner’s presence in the three-wheeler market will be further strengthened by setting up the manufacturing plant with ensuring quality, availability and affordable price, the company hoped in an announcement made on Wednesday on the Dhaka Stock Exchange website.