India has the largest Diaspora in the world. ‘Diaspora Day’ – Pravasi Bharatiya Divas – is a very prominent occasion for Non-resident Indians. The function held biennially to commemorate the return of Mohandas Gandhi in India on 9^th January 1915. This commemoration laid the foundation to create strong Homeland-Diaspora bondage and most importantly it becomes the stage for Indian Diaspora to enhance their respective business opportunity with the government, homeland and other Co-Diasporas. In that regards, this article evaluates the prospects to observe ‘Bangladeshi Diaspora Day’ in an institutionalized way alike India and suggests, how Bangladesh government can initiate embarkation to homeland of world fifth largest Diaspora community. Bangladesh has an emphatic emigration history and it’s Diaspora contribute a lot. This history and contribution needed to be commemorated. Historically, 10^th January – Bangladesh’s ‘Founding Father’ Sheikh Mujibur Rahman returned home first time in 1972 after independence – can be observed as ‘Bangladeshi Diaspora Day.