The Light Engineering (LE) sector, contributing 2-3% to GDP and comprising over 80,000 enterprises, is the cornerstone of Bangladesh’s manufacturing resilience. Our focus areas align with the industry’s highest growth segments (22.27% CAGR from 2017–2022):
As Bangladesh progresses towards LDC graduation in 2026, the LE sector faces critical, high-stakes complexities:
Strategic urgency to prepare for the phase-out of preferential trade benefits (e.g., EU GSP) and the potential imposition of higher tariffs post-2026.
Navigating the challenge of harmonizing duties on imported raw materials with those on finished goods to encourage competitive local manufacturing.
Addressing persistent skill deficits (despite TVET initiatives) and leveraging technology adoption to counter high energy costs and improve production efficiency across 34 key industrial clusters.
Managing the fluctuating costs of inputs, particularly imported raw materials, and ensuring efficiency across the local and global value chain.
Staying ahead of frequent changes in VAT structures, customs duties, and compliance requirements outlined in the Light Engineering Industry Development Policy 2022.
Shubhankar & Co. delivers targeted accounting, tax, and management consulting to maximize the sector’s export potential and LDC readiness:
Developing robust market access and supply chain re-alignment strategies to mitigate the impact of rising tariffs post-2026.
Specialized consulting to ensure full realization of key government support, including the 10-year tax holiday, 15% cash incentive on exports, and duty exemptions on capital machinery.
Implementing detailed Activity-Based Costing (ABC) models to precisely track production costs, set competitive export prices, and identify profit centers across diverse product portfolios (over 3,800 types of machinery).
Advisory on the selection and integration of ERP systems to formalize micro-enterprises, streamline financial reporting, and improve data-driven decision-making.
Preparing investment-ready documentation and feasibility studies to secure funding for expansion into new industrial parks (Dhaka, Bogura, Munshiganj).
Our team combines local market leadership with a forensic understanding of the regulatory landscape and industrial growth requirements.
Deep working knowledge of the Light Engineering Industry Development Policy 2022 and the actionable steps required to achieve its ambitious goal of increasing the sector’s GDP contribution by 40% by 2027.
Expertise in advising firms that have contributed to the sector’s documented rapid expansion rate (22.27% CAGR).
Unrivaled proficiency in NBR (National Board of Revenue) and Bangladesh Bank guidelines relevant to import/export, transfer pricing, and capital machinery acquisition.
Advising clients on implementing quality assurance and certification processes to meet stringent international standards and boost global credibility in the $8 trillion global light engineering market.
We are your strategic partner in transforming local strength into global competitiveness.
We follow a rigorous, proven methodology to deliver maximum impact and sustainable results:
Step 1: Diagnostic Assessment (The Deep Dive) We begin with a thorough analysis of your current production process, supply chain, financial reporting systems, and regulatory filings. This establishes a baseline for performance against global competitors.
Step 2: Strategy & Solution Design (The Roadmap) Based on the assessment, we jointly develop a customized roadmap, which may include new cost models, a detailed tax optimization plan focused on the LE Policy benefits, and efficiency improvement recommendations.
Step 3: Implementation & Training (Hands-on Execution) Our consultants work directly with your team—from the factory floor to the finance office—to implement new systems, train staff, and deploy improved operational and financial protocols.
Step 4: Continuous Review & Reporting (Sustaining Success) We establish key performance indicators (KPIs) and provide regular follow-up reviews to ensure the new systems are performing as designed, allowing for continuous iteration and securing your path towards the 2030 export goal of $12.56 billion.
