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

Courtesy: conservativehome.com

Apparel/Garments | On 1st Jul 2016

Assocham says risks from Brexit more than perceived

Trade and Industry body Assocham has warned that the risks to global...

Apparel/Garments | On 1st Jul 2016

Centre examining problems of garment exporters

Job working units in Tirupur knitwear cluster are hoping that their...

Apparel/Garments | On 1st Jul 2016

Study underlines potential of Nepal’s garment industry

Nepal’s readymade garment exports could exceed $1 billion, resulting...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

What is the influence of foreign trends and designs on Indian fashion?

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

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

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
june 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search