The electronics industry is at great risk
📊Executive Summary
The article discusses significant policy changes in Bangladesh affecting the electronics manufacturing sector, particularly regarding tariffs on raw materials and components for refrigerators and air conditioners. The government has removed supplementary duties on certain imported parts while imposing high tariffs on raw materials needed for local production. This has led to concerns among investors about the viability of local manufacturing, as importing components has become more profitable than local production. The article highlights the potential negative impact on employment and innovation within the electronics sector, as local manufacturers struggle to compete with imported goods under the new tariff structure....
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