Mitsubishi Motors Kicks Off Assembly Production in Bangladesh, Paving the Way for Local Automotive Growth
Tokyo, Japan & Dhaka, Bangladesh – June 30, 2025 – Mitsubishi Motors Corporation, in a significant step to expand its global manufacturing footprint and cater to the burgeoning automotive market in South Asia, has officially commenced assembly production in Bangladesh. This milestone, announced today by the Japan External Trade Organization (JETRO), marks a new era for vehicle manufacturing in Bangladesh and underscores Mitsubishi Motors’ commitment to the region.
The new assembly facility, strategically located in Bangladesh, will initially focus on producing popular Mitsubishi models, with details of specific models to be released soon. This move is expected to not only increase the availability of Mitsubishi vehicles within Bangladesh but also contribute to the development of the local automotive industry through job creation, technology transfer, and the establishment of a local supply chain.
Why Bangladesh? A Strategic Market:
Bangladesh, with its rapidly growing economy and a population exceeding 170 million, presents a significant and largely untapped market for automobiles. As disposable incomes rise and infrastructure development progresses, the demand for personal transportation is projected to increase substantially in the coming years. By establishing local assembly operations, Mitsubishi Motors is well-positioned to capture this growing demand and offer vehicles that are more accessible and potentially tailored to local needs.
Benefits of Local Assembly:
The decision to start assembly production in Bangladesh offers several key advantages:
- Increased Affordability: Producing vehicles locally often leads to reduced import duties and logistics costs, making Mitsubishi vehicles more competitively priced for Bangladeshi consumers.
- Job Creation and Skill Development: The establishment of an assembly plant will create numerous direct and indirect employment opportunities for the Bangladeshi workforce, fostering the development of new skills in automotive manufacturing and assembly.
- Technology Transfer and Local Industry Growth: Mitsubishi Motors’ expertise and advanced manufacturing processes will be introduced to Bangladesh, potentially spurring growth in the local automotive component supplier industry and related sectors.
- Market Responsiveness: Local assembly allows for greater flexibility in responding to specific market demands, potentially leading to the introduction of models or configurations better suited to Bangladeshi driving conditions and preferences.
- Strengthening Bilateral Trade Relations: This investment further solidifies the economic ties between Japan and Bangladesh, promoting mutual growth and cooperation.
Mitsubishi Motors’ Global Strategy:
This venture aligns with Mitsubishi Motors’ broader global strategy of strengthening its presence in emerging markets and optimizing its production network. By diversifying its manufacturing bases, the company aims to enhance its competitiveness and resilience in the face of evolving global economic landscapes.
Looking Ahead:
The commencement of assembly production by Mitsubishi Motors is a positive development for Bangladesh’s industrial landscape. It signals confidence in the country’s economic potential and its capacity to support sophisticated manufacturing operations. As the facility ramps up production, it is anticipated that Mitsubishi Motors will explore further opportunities for localization and may even consider expanding its product offerings in the Bangladeshi market.
This initiative is a significant step forward for both Mitsubishi Motors and Bangladesh, promising a future where locally assembled, quality vehicles contribute to the nation’s progress and the mobility needs of its people. Further details regarding the specific models being assembled and the operational capacity of the plant are expected to be released in the coming months.
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At 2025-06-30 05:35, ‘三菱自動車、バングラデシュで組み立て生産開始’ was published according to 日本貿易振興機構. Please write a detailed article with related information in an easy-to-understand manner. Please answer in English.