The era of 350 cc motorcycles has arrived in Bangladesh
The government has approved the release of motorcycles with an engine capacity of up to 350 cc motorcycles in the country’s market.
Taskin Ahmed, Vice Chairman of Ifad Group, said that the Ministry of Home Affairs has given final approval in this regard on Thursday (September 7).
He expects the company to officially launch its 350 cc motorcycles Royal Enfield in the domestic market in June next year. After that it will start exporting this motorcycle to the international market, he said.
Earlier, there was no approval of motorcycles with engine capacity of more than 165 cc in the country market. He said that after this new decision, apart from IFAD Group, high CC motorcycles of other companies will also be able to enter the local market.
Taskin Ahmed said that after the deal with Royal Enfield, IFAD Group tried to convince the government to increase the capacity of the country’s motorcycle engines.
“In 2021, after our investment, the Ministry of Industry gave approval for initial production. However, the police did not allow the sale in local markets due to security concerns. Now the Home Ministry has given the necessary clearance,’ he said.
He also said, ‘So far there was no opportunity to leave the motorcycle market on 165 cc in Bangladesh. Now that the barrier has been removed, many companies will invest in this sector.
Ifad Motors is now setting up a motorcycle factory at Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsrai, Chittagong to manufacture the iconic Royal Enfield motorcycles with 350 cc motorcycles and larger engines.
Confirming the fact, FH Ansari, Managing Director of ACI Motors, the sole distributor and manufacturing partner of Yamaha Motor in Bangladesh, said, ‘This is great news for the country. The higher the CC of the motorcycle, the better the safety. Increasing the CC limit was very important in the infrastructural development of the country. The approval will increase motorcycle sales in the country. New investment will be attracted in this sector.’
Bangladesh Motorcycle Assemblers and Manufacturers Association (BMAMA) has been actively opposing the government’s decision to allow motorcycles up to 350 cc motorcycles on local roads. They claimed that current manufacturers have invested more than Rs 8,000 crore under the existing policy constraints and any sudden policy change would create chaos in the market.