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 31st May 2016

US textile & apparel imports dip 2.55% in Jan-March

The import of textiles and apparel by United States dropped 2.55 per...

Deepak Chiripal, CEO, Nandan Denim

Textiles | On 31st May 2016

PAT jumps 23% in FY 2015-16 at Nandan Denim

Leading denim manufacturer Nandan Denim posted a rise of 23 per cent...

Apparel/Garments | On 31st May 2016

Productivity falling in Cambodian garment sector: GMAC

Productivity in the apparel and footwear sector in Cambodia decreased ...

Interviews View All

Vasanth Kumar
Max Fashion India

What is the size of the apparel retail segment? How would you describe the ...

Abhishek Ganguly
Puma India

There are quite a number of brands stepping into the sports lifestyle...

Rajiv Sirohi
Shara

What kind of fabric is in demand in export markets of home textiles? What...

Paolo Ocleppo
Sandvik Hyperion

<b><i>Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion...

Silke Brand-Kirsch
Schlegel und Partner

<b><i>Silke Brand-Kirsch, executive partner of Schlegel und Partner, a...

Steve Cole
Xerium Technologies

<b><i>Steve Cole of Xerium Technologies discusses the industry. Xerium is...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
May 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search