world’s third largest manufacturer of motorcycles and automobile batteries, Japan’s GS Yuasa International is about to start production at the Chittagong-based ‘Japan SolarTech’ industrial zone. A joint venture between Japan and Bangladesh, zone has invested $15 million to set up a production unit to make 30,000 automotive batteries per month. Yuasa will be the first Japanese battery to be made in Bangladesh and will meet a demand of 1.8 million batteries every year. GS Yuasa has 34 factories in 19 countries.
Bangladesh will be the first country where the Japanese’s company is transferring its complete technology.