Indian businesses look to invest in BD jewellery industry

Leading Indian businessmen have expressed their interest to invest in setting up jewellery manufacturing factories in Bangladesh.

They have shown the interest upon receiving a request from Bangladesh Jewellers' Association (BAJUS) President Sayem Sobhan Anvir during an international expo held in India recently, says a press release.

Sayem Sobhan Anvir, also the Managing Director of Bashundhara Group, inaugurated the B2B summit styled 'Sonar Bangla' in Goa, India, on June 28.

Addressing the opening ceremony of the exposition, Mr Anvir said Bangladesh has skilled goldsmiths while India has skilled designers.

"The collaboration between the two neighbours will help boost the industry. The subcontinent will lead the global jewellery industry with joint efforts. None will be able to hinder the growth of the sector," he said.

BAJUS in association with Indian company KNC Services Ltd organised the first-ever B2B summit at a hotel in the Indian state of Goa.

Chief Minister of Goa Dr Pramod Sawant addressed the inaugural session virtually while Bashundhara Group Director Sabrina Sobhan was on stage.

BAJUS Vice-President and Chairman of its Standing Committee on Foreign Trade and Market Development Badal Chandra Roy, Sonar Bangla Expo convener Hasmukh Parekh and KNC Services Ltd founder Kranti Nagvekar spoke on the occasion.

After the inaugural ceremony, Sayem Sobhan Anvir held several bilateral meetings with top Indian businessmen in the jewellery sector.

During the meeting, Indian businessmen expressed their interest in setting up jewellery factories in Bangladesh in response to the call of the BAJUS President.

They lauded Bangladeshi artisans and said Bangladesh has a reputation for handmade jewellery. Taking advantage of this opportunity, Indian businessmen want to come forward with technical and technological support, they said.