The New Nation - Internet Edition

Staff Reporter

The Grameen Bitek Ltd. has introduced their latest product 'Energy Saving Light- Grameen Alo.'

The product was formally introduced in an inaugural ceremony at the Grameen Bitek stall in the Dhaka International Trade Fair-2008 yesterday.

Chairman Grameen Bitek, Muhammad Khaled Shams inaugurated the new electric appliance, which is the first ever domestic manufactured Energy Saver Light. Managing Director A K M Shamsul Huda was present.

Introducing the new product, Shamsul Huda said that the Grameen Alo is capable of generating light consuming even lower electricity against similar other products available in the market.

"We manufacture 90 per cent of this product in our own factory, by our trained labours," said Shamsul Huda while talking to the reporter.

Only the filaments and the tubes are imported from China, as we don't have adequate technologies to produce them. All other parts are locally produced and assembled within our industries, he explained.

"If the Government supports us logistically and financially, we can even produce better technologically improved electric appliances, instead of importing them from abroad," said Muhammad Khaled Shams.

He asked the Government to lift production taxes from all such locally manufactured products as to encourage quality products and to make them available in cheaper cost.

"If we are encouraged by the government, we would sell our products in cheaper price. By this, the Government can save a significant amount of foreign exchanges," Khaled Shams added.