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http://www.business-standard.com/ar...-assemble-tata-small-cars-117092600034_1.html

Bangladesh firm keen to assemble Tata small cars

If Tata Motors is not interested in Ahmad's proposal he would approach either Datsun or Toyota with a similar proposal for CKD assembly in Dhaka
Sohini Das | Ahmedabad Last Updated at September 26, 2017 01:41 IST


1506370178-9006.jpg
Tata Motors Ltd

It started out as the cheapest car of the Indian market. As it struggles to find takers, the Tata Nano might become a ‘Made in Bangladesh’ car. So could the Tata Tiago and the Tigor, or any entry-level passenger car from the Tata Motors stable.

Tata Motors’ partner in Bangladesh, the Nitol Niloy group, which is assembling some of the former’s commercial vehicles in that country and is also the largest distributor of Tata vehicles in Bangladesh, has shown interest in assembling completely-knocked-down (CKD) units of an entry-level passenger car of the Tata brand, especially the Nano.

“We have submitted a formal proposal for the same and it has been a while. We are yet to hear anything positive from the company,” said Abdul Matlub Ahmad, chairman of the Nitol Niloy group. He was in India a few weeks ago and has had a word with the Tata management. However, he clarified that there was no concrete response from the Tatas yet.



If Tata Motors is not interested in Ahmad’s proposal he would approach either Datsun or Toyota with a similar proposal for CKD assembly in Dhaka. He said there was a need gap for locally-made cars in Bangladesh.Bangladesh has a demand for over 30,000 private cars per year. Over 90 per cent of these are used cars imported from Japan,” Ahmad said.


Completely-built units (CBUs) imported into Bangladesh attract a 165 per cent duty, which makes entry level cars like the Nano unviable in terms of pricing. Made in Bangladesh cars, on the other hand, would attract a 60 per cent duty, making them affordable.

Ahmad feels that the initial demand for the locally assembled Nano or any other entry level car could be around 5,000-6,000 per year. He plans to set up an assembly plant near Dhaka for 500 crore taka (1 taka is Rs 0.79).


“My plan is to invest over 500 crore taka in a modern plant in Bangladesh. I want to complete by December 2018,” Matlub said.

A Tata Motors spokesperson said, “As a policy, we do not comment on future plans related to products, collaborations and sourcing strategies.”

Nitol Niloy has been assembling Tata commercial vehicles in Bangladesh since 1991. It has a joint venture with Tata, in which it holds a 60 per cent share.

Sources claimed that Tata Motors was considering assembling the Nano abroad by exporting CKD units. Ahmad added that since Bangladesh had duty-free agreements with many countries, he would also consider exporting these cars to neighbouring countries, and if things worked out he might tap the north-east Indian market as well. “A royalty arrangement can be worked out with Tata Motors, and if they are looking for a joint venture, we can also work that out. As such, the company does not need to invest; the entire investment would be from our side,” he said.

The Nano does not have much demand in the export market. Around 100 Nanos were exported between April and August at a time when the car’s cumulative domestic sales were only 1,312, down 66 per cent, year on year.
THE STORY TILL NOW

Tata entered Bangladesh with CVs in 1972
• Over two-thirds of the CVs sold there bear Tata logo
• Nano was launched there in August 2014
• Nitol Niloy assembles Tata CVs from 1991
• It is Tata’s largest distributor there
• Made in Bangladesh Nano to have 25% localisation
• Nitol Niloy plans to build car assembly plant near Dhaka for 500 crore taka
• Plans to export these cars to neighbouring countries
• May talk to Datsun, Toyota
-------------------------------------------------------------------------------------------------
@Bilal9 why this Matlub has to go to Tata nano crap? Can't he approach Toyota or Datsun first?:tsk:
 
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first, India is much closer to BD economically intertwined and relationship had been shaped by everyday interaction. So the culture and working ethics between both Countries is been known by both parties, not to mention the close connection between Indian businessman and Bd gov. bureaucrats can made license permit much easier). Second, we talking about business, and we talking about automotive industries in which capital and technology intensive compared to RMG sector, the sector in which Japanese firms usually taking their money to BD. So there is need to set up human capital in automotive sector first, and thats need time. Not to mention, most Japanese automotive industries need incentive before investing their tech and money in Bd, the incentive like electricity source, tax, rule and law in business environment (the red tape bureaucracy is very bad in BD especially when one trying to open new business there need years to complete their permit license), human capital like what i said before and the most important thing is actual Market caps (as BD is currently had very small annual sales). Trying to lure India automotive player actually a wiser move, as their investment can open the new path in Bd automotive industry history and made way for larger companies to invest in Bd.
 
@Nilgiri look at how uppity these bngldshers are. They can’t even make a 2-stroke scooter engine yet talk like they Walton is in the same league as Porsche. Don’t they only sell 20,000(mostly second hand) cars a year?

We should care what they think why? They get owned always in the end after huffing and puffing:

https://defence.pk/pdf/threads/human-capital-report-2017-bd-did-great.517722/

That is always the most important thing.

In the end of the day this is what their people want and consume (in their pitiful low amounts to begin with).

BD crying? Just let them be. They are just mad their countrymen flock to India for basic healthcare because they dont trust anything thats relatively important to the concept of "Bangladesh". Why would it be different for transport? Dummy seriously thinks his countrymen will stop buying Indian products because he types it here lol. He has been crying about this for years now and it all bursts out even more nicely in his "ghoti-traitor" threads lol. Truly a character.

Best part is his butthurt will stay rooted for all his miserable life. After all mahindra is just investing for the heck of it (with no consumer research whatsoever) and to lose money because BD consumers are too good lol (but then the realised figures come in later and he runs and/or cries right on cue then)

Each years BD trade deficit (and overall Current Account deficit because of the one way medical services + tourism demand etc with little capital compensation) with India hurts this fellow more than you can imagine. Along with what say the cheapest Bajaj bikes do to this grand MNC alpha prime "exporting billions and billions" Walton market share lol.

Plus Yes 20k (mostly clunkers) sold a year:

https://www.brta.gov.bd/images/statistics-bd-sept-16.pdf

About the demand of an Indian town (forget city).....or weekly production of one single Hyundai factory in Chennai.

@Bilal9 why this Matlub has to go to Tata nano crap? Can't he approach Toyota or Datsun first?:tsk:

Because Datsun and Toyota will not invest anything in BD to the level that Tata would (they will maybe at most give a CKD assembly with low margins and heavy capital import requirement that will stretch the BD partner and his bank support badly). They already have dedicated supply chains for the region already...whereas Tata is one of the few thats expanding still and have spare liquidity to invest in small scale assembly like this for the ROI pattern.

Or you have such low opinion of your BD businessmen? :P
 
Mahindra should ha ve limited itself with its 3-wheelers for BD market. Our market
Top Indian cars fail NCAP’s crash tests, get zero rating
Renault Kwid, Maruti Suzuki Celerio and Eeco, Mahindra Scorpio and Hyundai Eon get zero stars in Global NCAP crash tests
All the India-made cars fail crash tests because Indians join the Murrir Tin together to build the bodies.
 
LOL poor illiterate BD members still don't get some fundamentals:

https://defence.pk/pdf/threads/mexi...automobile-exports.448012/page-2#post-8661923

If you cry about safety standards, enforce such in your country lol, its not like Indian manufacturers don't export to western and Japanese standards....but you dont even have a discussion on it unlike India....because seriously who is going to care about a 20k per year clunker market :rofl:

No wonder they can emigrate and "study up" and still earn only near poverty level or below it anywhere they go lol (just look up what they earn in US compared to other ethnic groups and also what their poverty rate is in the UK etc). The stupidity sticks to them like white on rice lol.
 
first, India is much closer to BD economically intertwined and relationship had been shaped by everyday interaction. So the culture and working ethics between both Countries is been known by both parties, not to mention the close connection between Indian businessman and Bd gov. bureaucrats can made license permit much easier). Second, we talking about business, and we talking about automotive industries in which capital and technology intensive compared to RMG sector, the sector in which Japanese firms usually taking their money to BD. So there is need to set up human capital in automotive sector first, and thats need time. Not to mention, most Japanese automotive industries need incentive before investing their tech and money in Bd, the incentive like electricity source, tax, rule and law in business environment (the red tape bureaucracy is very bad in BD especially when one trying to open new business there need years to complete their permit license), human capital like what i said before and the most important thing is actual Market caps (as BD is currently had very small annual sales). Trying to lure India automotive player actually a wiser move, as their investment can open the new path in Bd automotive industry history and made way for larger companies to invest in Bd.

What is your point exactly??

Indian Auto majors have almost zero market in Bangladesh other than some trucks in the lower end of the market because of shabby reputation yet being dirt-cheap. Some people will buy anything cheap but that percentage of the population is a lot less in Bangladesh than in India.....

Back in the day, Indonesia was major market for Bajaj three wheeler, where is that situation now? Major cities in Bangladesh are slowly getting beyond being three-wheeler market, as cabs and cheaper four wheelers proliferate.

Once the market matures - Bangladeshis will gravitate toward higher quality and higher reliability items which aren't really offered by Indian brands. By that time (next five years) Bangladesh will start assembling its own cars and trucks for the lower/middle end market (there are currently three to four higher-end CKD assemblers for cars and several for trucks - HINO, MITSUBISHI included).

Indians mainly want to sell their cheap car products in Bangladesh market, by price only, since their products cannot compete with older JDM products or locally assembled new Japanese or Malaysian products (Mitsubishi, Toyota, Proton etc.)

http://www.business-standard.com/ar...-assemble-tata-small-cars-117092600034_1.html

Bangladesh firm keen to assemble Tata small cars

If Tata Motors is not interested in Ahmad's proposal he would approach either Datsun or Toyota with a similar proposal for CKD assembly in Dhaka
Sohini Das | Ahmedabad Last Updated at September 26, 2017 01:41 IST


1506370178-9006.jpg
Tata Motors Ltd

It started out as the cheapest car of the Indian market. As it struggles to find takers, the Tata Nano might become a ‘Made in Bangladesh’ car. So could the Tata Tiago and the Tigor, or any entry-level passenger car from the Tata Motors stable.

Tata Motors’ partner in Bangladesh, the Nitol Niloy group, which is assembling some of the former’s commercial vehicles in that country and is also the largest distributor of Tata vehicles in Bangladesh, has shown interest in assembling completely-knocked-down (CKD) units of an entry-level passenger car of the Tata brand, especially the Nano.

“We have submitted a formal proposal for the same and it has been a while. We are yet to hear anything positive from the company,” said Abdul Matlub Ahmad, chairman of the Nitol Niloy group. He was in India a few weeks ago and has had a word with the Tata management. However, he clarified that there was no concrete response from the Tatas yet.



If Tata Motors is not interested in Ahmad’s proposal he would approach either Datsun or Toyota with a similar proposal for CKD assembly in Dhaka. He said there was a need gap for locally-made cars in Bangladesh.Bangladesh has a demand for over 30,000 private cars per year. Over 90 per cent of these are used cars imported from Japan,” Ahmad said.


Completely-built units (CBUs) imported into Bangladesh attract a 165 per cent duty, which makes entry level cars like the Nano unviable in terms of pricing. Made in Bangladesh cars, on the other hand, would attract a 60 per cent duty, making them affordable.

Ahmad feels that the initial demand for the locally assembled Nano or any other entry level car could be around 5,000-6,000 per year. He plans to set up an assembly plant near Dhaka for 500 crore taka (1 taka is Rs 0.79).


“My plan is to invest over 500 crore taka in a modern plant in Bangladesh. I want to complete by December 2018,” Matlub said.

A Tata Motors spokesperson said, “As a policy, we do not comment on future plans related to products, collaborations and sourcing strategies.”

Nitol Niloy has been assembling Tata commercial vehicles in Bangladesh since 1991. It has a joint venture with Tata, in which it holds a 60 per cent share.

Sources claimed that Tata Motors was considering assembling the Nano abroad by exporting CKD units. Ahmad added that since Bangladesh had duty-free agreements with many countries, he would also consider exporting these cars to neighbouring countries, and if things worked out he might tap the north-east Indian market as well. “A royalty arrangement can be worked out with Tata Motors, and if they are looking for a joint venture, we can also work that out. As such, the company does not need to invest; the entire investment would be from our side,” he said.

The Nano does not have much demand in the export market. Around 100 Nanos were exported between April and August at a time when the car’s cumulative domestic sales were only 1,312, down 66 per cent, year on year.
THE STORY TILL NOW

Tata entered Bangladesh with CVs in 1972
• Over two-thirds of the CVs sold there bear Tata logo
• Nano was launched there in August 2014
• Nitol Niloy assembles Tata CVs from 1991
• It is Tata’s largest distributor there
• Made in Bangladesh Nano to have 25% localisation
• Nitol Niloy plans to build car assembly plant near Dhaka for 500 crore taka
• Plans to export these cars to neighbouring countries
• May talk to Datsun, Toyota
-------------------------------------------------------------------------------------------------
@Bilal9 why this Matlub has to go to Tata nano crap? Can't he approach Toyota or Datsun first?:tsk:

He went to Bharti brand because he's been doing business with the Tatas for over three decades. I know this guy well. He's number one Indian brand agent in Bangladesh, an unsavory job no one wanted but he did.

By the way, the name 'Datsun' ceased to be a brand in the seventies. Bharti burbak journalist doesn't even know that its called 'Nissan' nowadays.....

Look at this which says it all,

"Around 100 Nanos were exported between April and August at a time when the car’s cumulative domestic sales were only 1,312, down 66 per cent, year on year." This - for a car market, the size of India, Ya Allah!

I guess the car never shook down the reputation of spontaneously catching on fire. Even Indians don't wanna get barbecued, kanjoosi is one thing but dying in an inferno is something else.:tongue:

I think assembling Nissan and/or Toyota is a far better proposition from a safety or style standpoint.

Who in Bangladesh would plunk down their hard-earned cash and buy a Nano?? :crazy:
 
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first, India is much closer to BD economically intertwined and relationship had been shaped by everyday interaction. So the culture and working ethics between both Countries is been known by both parties, not to mention the close connection between Indian businessman and Bd gov. bureaucrats can made license permit much easier). Second, we talking about business, and we talking about automotive industries in which capital and technology intensive compared to RMG sector, the sector in which Japanese firms usually taking their money to BD. So there is need to set up human capital in automotive sector first, and thats need time. Not to mention, most Japanese automotive industries need incentive before investing their tech and money in Bd, the incentive like electricity source, tax, rule and law in business environment (the red tape bureaucracy is very bad in BD especially when one trying to open new business there need years to complete their permit license), human capital like what i said before and the most important thing is actual Market caps (as BD is currently had very small annual sales). Trying to lure India automotive player actually a wiser move, as their investment can open the new path in Bd automotive industry history and made way for larger companies to invest in Bd.
You have no clue about Indian business.
Its no biggie to setup a automotive factory as long as investment and market available. German Koka company will build it for you A-Z.
We don't think Indian company will go for full fledged manufacturing but a eye wash assembling to bypass high taxes.
 
LOL poor illiterate BD members still don't get some fundamentals:

https://defence.pk/pdf/threads/mexi...automobile-exports.448012/page-2#post-8661923

If you cry about safety standards, enforce such in your country lol, its not like Indian manufacturers don't export to western and Japanese standards....but you dont even have a discussion on it unlike India....because seriously who is going to care about a 20k per year clunker market :rofl:

No wonder they can emigrate and "study up" and still earn only near poverty level or below it anywhere they go lol (just look up what they earn in US compared to other ethnic groups and also what their poverty rate is in the UK etc). The stupidity sticks to them like white on rice lol.

Indian "Fitness and Safety" for vehicles is a contradiction in terms.

Blah blah blah..... bad mouth us all you want, but at least things aren't this bad in Bangladesh.....

11285115373-old-rusty-auto-rickshaw-street-india.jpg
an-overloaded-three-wheeler-auto-rickshaw-with-local-people-travelling-B303W8.jpg
47099806.jpg
 
Mahindra should ha ve limited itself with its 3-wheelers for BD market. Our market

All the India-made cars fail crash tests because Indians join the Murrir Tin together to build the bodies.

A lot of first-world cars have well-designed 'crumple zones' to absorb crash force and save the occupants....

Indian cars were designed to be 100% 'crumple zone' which includes passenger cabin. No protection from loss of life. :lol:

Which means even of you hit something at 40 mph, you will lose limbs or even your life, if your neck hadn't already been severed (decapitated) by the roof being sheared off......

India registers the most road deaths in the world – 10% of global road deaths

By Sagar Patel On Dec 29, 2016


80% road deaths worldwide are an occurence in low income countries. And sadly, India leads the world in road accident deaths. About 1.46 lakh people died on Indian roads in 2015. This implies a fatal accident every 3.7 minutes, which results in 16 deaths each hour and, 390 every day.

40% of accidents are of two wheelers by trucks. A reality this negative results in 2% GDP loss in India each year as road accident fatalities oftentimes snatch away the sole bread earner in a family.



According to International Road Federation (IRF), India ranks No 1 in the world where deaths due to road accidents is concerned. IRF also added that over 10% of global road deaths took place in India.

A per data received, Uttar Pradesh recorded the highest number of fatalities in road accidents. This was followed by Tamil Nadu, Maharashtra, Karnataka and Rajasthan.


India is the center of unsafe rash driving and 'mastani', the main culprits being Kerala half-Lungi brigade.....

Watch this.....:omghaha:

Cowardly selfish idiots....just standing by and watching some Mastan beat the pulp out of some older helpless guy.

 
What is your point exactly??

Indian Auto majors have almost zero market in Bangladesh other than some trucks in the lower end of the market because of shabby reputation yet being dirt-cheap. Some people will buy anything cheap but that percentage of the population is a lot less in Bangladesh than in India.....

Back in the day, Indonesia was major market for Bajaj three wheeler, where is that situation now? Major cities in Bangladesh are slowly getting beyond being three-wheeler market, as cabs and cheaper four wheelers proliferate.

Once the market matures - Bangladeshis will gravitate toward higher quality and higher reliability items which aren't really offered by Indian brands. By that time (next five years) Bangladesh will start assembling its own cars and trucks for the lower/middle end market (there are currently three to four higher-end CKD assemblers for cars and several for trucks - HINO, MITSUBISHI included).

Indians mainly want to sell their cheap car products in Bangladesh market, by price only, since their products cannot compete with older JDM products or locally assembled new Japanese or Malaysian products (Mitsubishi, Toyota, Proton etc.)



He went to Bharti brand because he's been doing business with the Tatas for over three decades. I know this guy well. He's number one Indian brand agent in Bangladesh, an unsavory job no one wanted but he did.

By the way, the name 'Datsun' ceased to be a brand in the seventies. Bharti burbak journalist doesn't even know that its called 'Nissan' nowadays.....

Look at this which says it all,

"Around 100 Nanos were exported between April and August at a time when the car’s cumulative domestic sales were only 1,312, down 66 per cent, year on year." This - for a car market, the size of India, Ya Allah!

I guess the car never shook down the reputation of spontaneously catching on fire. Even Indians don't wanna get barbecued, kanjoosi is one thing but dying in an inferno is something else.:tongue:

I think assembling Nissan and/or Toyota is a far better proposition from a safety or style standpoint.

Who in Bangladesh would plunk down their hard-earned cash and buy a Nano?? :crazy:

Lol, you have to start from something. Even the so called Indian products you called trash is much better than nothing. Yup Bd automotive industries had nothing to be offered to your people and end consumer. Bd auto industry is still on CKD kit assembly phase, almost nothing to be offered. First lure whomever investor who want to invest in Bd auto industry, and then let the market decides whatever is the best for them.
Even Indonesia was imported Indian bajaj and competition create after that made what auto industry in Indonesia like today
 
Lol, you have to start from something. Even the so called Indian products you called trash is much better than nothing. Yup Bd automotive industries had nothing to be offered to your people and end consumer. Bd auto industry is still on CKD kit assembly phase, almost nothing to be offered. First lure whomever investor who want to invest in Bd auto industry, and then let the market decides whatever is the best for them.
Even Indonesia was imported Indian bajaj and competition create after that made what auto industry in Indonesia like today

I believe you may have some eye or some comprehension problem. Or you have no idea about what constitutes automotive industry.

I have repeatedly said that Indian products never sold at all in Bangladesh because of bad quality reputation. For the last three decades, they've been trying to sell Tata and Mahindra passenger car locally and they have not succeeded yet.

The only Indian vehicle (Tata and AL) that sells locally are cheap large trucks (some buses too) because of extremely low price and also some tiny Indian pickups similar to the Indonesian/Japanese market Daihatsu HiJet which are used as cheap delivery vans/pickups. For these commercial needs cheap price and parts availability are primary concerns, not prestige or build quality. These cheap Indian commercial vehicles are throw-away quality items and no one cares if they have to dispose of them in a couple of years....

However Chinese Mini truck (such as Chang'An brand) are even cheaper than Indian products, and quality, longevity a little bit better as well. These are starting to gain in market share because they offer better bang for the buck compared to Indian offerings. Some company (maybe Nitol) should talk with these folks about import CKD kits rather than asking Bharatis for CKD kits.

Add the recent step-motherly political attitude of the Indian Govt. wherein most locals are completely ready to boycott any Indian product - then you have to throw the idea of Indian Automotive Investments right out the window, even if Indians still intended.

Any Indian automotive 'investments' already made are shams and fraud between local assembler (RANGS) and the Indian mfr. (MAHINDRA) which is the subject of this thread.

Which means there is NO expensive vertically integrated investment or value-addition made locally such as local sheet-metal stamping or frame hydro-forming, and NO local suspension parts or engine-component assembly at all like radiator, engine-block or electronics. All that is being done is taking advantage of lax govt. scrutiny locally and screwing together very large sub-assemblies of interior seating, dash, panels, doors and a few outside body panels like quarter panels and grills. Chanakya policy again. Typically Bharati.

We don't want this kind of fraudulent Bharati investment of any kind which is again, a sham. Period.

We're doing more than just fine on our own with local investments and automotive assembly operations since the sixties to meet our needs - Thank You Very Much.

More assembly operations (just like Indonesia) coming up yearly (PHP-Proton most recent) and higher local content planning is in the cards too.
 
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11285115373-old-rusty-auto-rickshaw-street-india.jpg
an-overloaded-three-wheeler-auto-rickshaw-with-local-people-travelling-B303W8.jpg
47099806.jpg


Oh, my God, this is suppa pawa India? The last photograph must be of a wedding procession, but Indian style. o wonder why people in BD is lured by Japanese cars and not the Indian ones.
 
Lol, you have to start from something. Even the so called Indian products you called trash is much better than nothing. Yup Bd automotive industries had nothing to be offered to your people and end consumer. Bd auto industry is still on CKD kit assembly phase, almost nothing to be offered. First lure whomever investor who want to invest in Bd auto industry, and then let the market decides whatever is the best for them.
Even Indonesia was imported Indian bajaj and competition create after that made what auto industry in Indonesia like today

Honestly the BD idiots here are so butthurt they dont even have a national crash + safety standard (hence they can import 20k clunkers in all states of disrepair which would be pure scrap anywhere else in the first place)....yet they want to talk about bigger much more developed neighbour?

So like everything else they will vent against what India has now that BD wont have even 20 years from now...and try to pass off their impression of India 20 years ago as todays so they can play some equal-equal game in their IQ scrubbed grey matter (whats left of it). Their blood pressure rises when they see Indian manufactured and exported cars advertising in Japan (to japanese domestic safety standards):


Honestly the moron posting snapshots of India trying to extrapolate as entirety should look at his own capital city(which ranks along utter warzones in liveability in the economist liveability index, yes that includes effluent and sanitation) first w.r.t transport:


They honestly think their road driving is "better"/"safer" when per capita they drive about 1% the kilometers of an Indian lol (like seriously how much driving can you do with such congestion AND low amount of vehicle ownership?). Its the same thinking their low IQ kind use to say they are 3 times "richer" than Myanmar lol. When you standardise everything to per capita..per km etc....the LDC nature of BD comes out in all its glory.

It's fun kicking these morons with videos of things they will never see in BD, ever:


BD total yearly car production on wikipedia is listed at 580 units a year lol (like basically what India puts in a single smallish ship to export). Maybe the big talkers here should get that number changed with a newer source that meets the basic credibility requirements before they continue to whine about way more developed countries investing nut and bolt basics into them...or maybe they know 580 is really the number under what internationally counts as assembly lol.
 
Its the same thinking their low IQ kind use to say they are 3 times "richer" than Myanmar lol. When you standardise everything to per capita..per km etc....the LDC nature of BD comes out in all its glory.

Retard...:lol:

BD has 3x the population of Myanmar but has 3.5x the GDP. So per person it is also richer.
 
Retard...:lol:

BD has 3x the population of Myanmar but has 3.5x the GDP. So per person it is also richer.

GDP measured how? Influenced only by what you trade or what everyone actually physically consumes?

Because if its the latter (way more important as seen by its use in HDI and other development/wealth metrics), you are doing far worse than Myanmar esp given you were ahead of them in early 2000's and now far behind:

http://www.imf.org/external/pubs/ft...=country&ds=.&br=1&c=513,518&s=PPPPC&grp=0&a=

This is one of many particular topics 0 of your BD's know anything about and keep yabbering.
 

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