Chevron Lubricants Lanka PLC recently felicitated its Bangladeshi distributor, the Navana Group, on completing three years of successful operations and achieving a record 80% growth in that lubricant market during the last year.
"The achievement of an 80% growth last year on top of over 100% growth during the previous year, bears testimony to the strong market potential in Bangladesh as well as the rich dividends the operation has yielded to the Sri Lankan unit of Chevron in terms of greater economies of scale and the generation of valuable foreign exchange benefitting the Sri Lankan economy as a whole," said Kishu Gomes, Managing Director/CEO of Chevron Lubricants Lanka PLC.
Chevron Lubricants Lanka PLC is represented by the Navana Group in Bangladesh, a well reputed and highly diversified entity.
The group has gained significant recognition in the automotive industry as a result of its well established connection with TOYOTA of Japan assigning the group exclusive distributorship for Toyota cars to the local market.
Picture shows Bertram Paul (General Manager - Sales and Marketing, Chevron Lubricants Lanka PLC) and Shafiul Islam Kamal (Chairman, Navana Group) at a ceremony in Dhaka to mark the event. Also in picture - senior representatives from the Navana Group and Chevron Lubricants Lanka PLC. |
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