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#Industry News

“One Belt and One Road”: Connecting INVT and Bangladesh

The development of INVT business in Bangladesh and the cooperation between INVT and Bangladesh local partners.

China's “One Belt and One Road" strategy, an initiative to promote economic and cultural ties with neighboring countries, will create opportunities for everyone and every country involved. Under the belt and road, China plans to revive the ancient trade routes that connect Asian countries such as Kazakhstan, Uzbekistan and Bangladesh with Western Europe, which creates huge opportunities for Chinese companies as well as Bangladesh companies. As a leading company in industry automation and energy power, INVT sees huge opportunities based on our previous experience in Bangladesh.

Milestones of business development

As one of the earliest Chinese companies entered the market of Bangladesh in 2006, INVT developed into a reputable national enterprise from unbranded inverter company. INVT has been growing rapidly over the past few years because we have extended our product lines and services, achieving up to 3000% percent turnover growth. So far, we achieved a compound annual growth rate (CAGR) of more than 30% over 2006-2017 as expected, which will be expected to grow under the belt and road. So far, we have built up sales network to meet the increasing requirements of the local market and service center to provide warranty service.

Successful Big Projects in Bangladesh

Entering into the Bangladesh market over the years, we have a gained a thorough understanding of local requirements, which, combined with our experience in the various industry, going far beyond the solutions offered by other Chinese companies. Not only before, the application of INVT GD300-SP in spinning machine in Dhaka, Bangladesh help to save energy, improve production efficiency, and increase reliability.

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Details

  • Shenzhen, Guangdong, China
  • Shenzhen INVT Electric Co., Ltd.