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India could be potential market for exports: Ashok Kejriwal

An Exclusive Interview with Bangladeshinfo.com
 

Unlike other industrialists, Ashok Kejriwal is very much optimistic about the future of the country's industrial sector specifically the export-based ones. 

His vision and targeted market for making export-oriented industries profitable is also different from many other entrepreneurs and traders in the business arena.


Virtually a second-generation industrialist, Ashok Kejriwal is a director and Chief Executive Officer (CEO) of one of the country's major industrial groups--Doel Group of Industries Limited.

Besides, he is the CEO of many other industrial units of the Group, including Bangladesh Chemical Industries Limited, Bangladesh Dyeing and Finishing Industries Limited and Doel Cement. 

Most of the country's exporters first set their targets to capture American and European markets, which is obvious for market potentials, but a few go beyond the tradition and Ashok is one of them. At present world context, the traditional exporters are concerned at the recession in the United States and the European countries following terrorist attacks on America on September 11, 2001 and its impact on the world market as a whole. 

The government, different trade bodies and associations of exporters are also worried about the future of the export earnings and export-based industries as well. Economists of the country have expressed similar concern. 

Ashok Kejriwal does not nullify their worry about an imminent setback of Western recession on the country's trade and business. But, he likes to be optimistic and explore potential markets other than America and Europe. 

The potential market for export of Bangladeshi goods could be neighbouring India, Ashok told the Bangladeshinfo.com during an exclusive interview. 

He said India has pinned all its efforts in some large-scale industrial sectors, including information technology and automobile. But demand for some consumer items like readymade garments, ceramic, cigarette, cement and furniture are on increase there. The Indian traders are now looking for importing the items at affordable prices. 

"In this context, Bangladesh can develop industries for producing the goods to explore market and export those to India," Ashok said and added that this would help rescue the country's export-based industries including RMG sectors from a possible setback of Western recession. 

He, however, said that the government should make some arrangements so that Bangladeshi goods could get preferential access to Indian market. 

He suggested setting up of bonded wear-houses at both sides of the land ports of Bangladesh and India to boost the Indo-Bangla trading. 

Referring to the recent increasing trend of some Bangladeshi exports to India, he said the export could be significantly boosted if we could produce quality products at a competitive price. 

Ashok has inherited entrepreneurship from his family, particularly his father Deoki Nandan Kejriwal, founder of Doel Group. His grand father Ganga Prashad Kejriwal was also a famous personality in Kushtia district. The Ganga Prashad Road of Kushtia town has been named after him. 

Ashok has been awarded CIP (Commercially Important Person) in 2000 for his outstanding contribution to the national economy through increasing export earnings. He visited many countries, including USA, UK, Germany and Australia as a member of the country's official trade delegations and at his own initiative as well. 

Besides business, Ashok has been engaged in various social welfare activities. He has established an eye hospital in Kushtia where cataract operation is provided free of cost to poor patients. 

Interview by a Content Correspondent

 

 
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