Debuts internationally starting with Bangladesh
Two things that you can tap into when speaking to the heads of Omega Seiki Mobility (OSM) are their vibrant energy and quiet yet sharp intellect. That is what Uday Narang, Chairman, Anglian Omega Group and Dr. Deb Mukherji, Managing Director, Omega Seiki Mobility, are for you. Their great partnership drives OSM to go beyond boundaries in the EV world with practical yet innovative products by establishing right alliances globally.
OSM Bangladesh – First International Foray
In a strong progressive move, OSM has ventured into Bangladesh as the first stopover outside home. And it seems like they have hit the bull’s eye.
Narang is happy that “OSM- Bangladesh will be the first Bangladeshi automotive company.”
Statistics from the World Bank suggest that though Bangladesh may be perceived as 3rd world, the fact is that it is growing robustly at a growth rate of more than 8% per annum. In 2019, it recorded 8.2% growth.
Narang says: “Bangladesh offers free trade agreements with EU. We have aligned with top 5 businesses there. We hit roughly 40% of the world’s young population together in India, Bangladesh and ASEAN countries. With Bangladesh as a base, we can access markets in the Far East, Southeast Asia, ASEAN, and SAARC for our export-oriented business.”
Though plans are big for Bangladesh, India will remain the parent hub for the OSM business. It is also because Narang and his team believe in the AatmaNirbhar Bharat concept.
This story is from the April 2021 edition of MOTORINDIA.
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This story is from the April 2021 edition of MOTORINDIA.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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