Meghna Group is set to invest BDT 1300 crore to establish Bangladesh’s first large-scale tyre production facility for buses and trucks. The new facility aims to meet the growing demand for tyres domestically, reducing the country’s reliance on imports.
This strategic move is part of Meghna Group’s broader effort to diversify its manufacturing operations and strengthen its industrial presence in Bangladesh. By producing tyres locally, the company expects to offer cost-effective solutions for the transportation sector while creating significant job opportunities.
The facility is expected to play a crucial role in supporting Bangladesh’s expanding transport industry and contribute to economic growth by providing quality, locally-produced tyres for buses, trucks, and other commercial vehicles.