Home / Knowledge / News / Textiles / Bangladesh PM asks jute stakeholders to expand market
Bangladesh PM asks jute stakeholders to expand market
22
Nov '12
PM Sheikh Hasina
PM Sheikh Hasina
Calling on the concerned people to develop markets for jute and jute products, Bangladesh Prime Minister Sheikh Hasina said the resources can be best utilized by enhancing exports.
 
Speaking at the opening ceremony of an international seminar on “High-yielding jute and seed production” at Dhaka, she assured that her Government would continue with its efforts to aid research to develop high-yielding jute varieties.
 
Terming jute’s genome structure research as a ‘milestone’ in the agricultural research, she mentioned that the country’s scientists have unearthed the mystifying lifecycle of jute’s dangerous fungus.
 
She noted that popularity of eco-friendly jute items is increasing, and at the same time global jute demand is also on a rise, and so is Bangladesh’s jute production.
 
She noted that use of high-tech technology, high-yielding seeds and improved production techniques, evolved by the Bangladesh Jute Research Council, have boosted Bangladesh’s jute output by 3.18 percent, while the average yield has gone up by 12.5 percent.
 
As world’s second largest producer of raw jute, Bangladesh exports around 90 percent of its raw jute produce and 60 percent of domestically prepared jute goods to over 100 countries. During last fiscal, Bangladesh earned about Tk 200 million from the jute sector, Ms. Hasina said.
 
She even corroborated her Government’s efforts to restart Sirajganj's Jatiya Jute mill, also called Quomi Jute mill, and Khalishpur Jute mill, called People's Jute mill, and added that trial productions are also being undertaken at three more jute mills, which would soon start commercial operations.
 
Highlighting agricultural research as a key area for her Government, she noted that her Government is the first one to allocate funds for research in this area. As against previous zero allocations, her Government has allocated Tk 120 million for the same, she added. 
 
She expressed hope that the Agriculture Research Council Act 2012 would prove advantageous in the Government’s efforts to boost the country’s jute sector.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search