Committed to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 338 Thu. May 13, 2004  
   
Business


Samsonite outlet opens at Gulshan


Mun Muns Leather Pvt Ltd, business associate and country distributor of Samsonite products in Bangladesh, opened an outlet "Travel Worlds" at Gulshan in Dhaka yesterday to sell Samsonite brand travel goods.

Ramesh Tainwala, chief operating officer (COO) of Samsonite India Ltd, formally inaugurated the shop.

Besides marketing Samsonite products the company has a plan to set up a manufacturing plant in Bangladesh but they could not proceed with the plan as the existing law on plant setting by a foreign investor discourages the company, Tainwala said at a press conference held after the inaugural function.

He sought more investment-friendly laws that will encourage foreign companies to invest in Bangladesh.

Shahjahan Chowdhury, chairman of Mun Muns Leather, KF Faruque, managing director of the company, and Sandeep Goenka, director (marketing and sourcing) of Samsonite India, were also present at the press conference.

Samsonite, a travel goods company headquartered in the US, started selling its products in Bangladesh in 1999 through dealers in Dhaka, Chittagong and Sylhet.