Dhaka: India's second largest Tata Conglomerate is planning to invest two billion Dollars in Bangladesh and said this country has the potential and it could be one way of breaking "false barriers" between the two South Asian neighbours.

"It is sad that Bangladesh is suffering from negative perceptions in the outside world and the honest answer (for choosing Bangladesh for Tata's proposed power, steel and fertiliser plants) is that young people in my company felt Bangladesh has great potential but has been ignored," Ratan Tata, the Conglomerate's chairman, told a select group of reporters at the residence of Indian High Commissioner in Dhaka Veena Sikri.

Tata said projects like the one the Conglomerate has taken up could help break "false barriers" between the two India and Bangladesh.

"If the plant is successful, then I am sure the perception will change," he said. "I will be most satisfied when one day history will probably say we have been working hand in hand and Bangladesh considers these plants as its own and Tata just happens to own them."

About future Tata plans for Bangladesh in hospitality and health sectors, Ratan Tata said, "I am not a superman but we will certainly look at those at some point."