Home / Knowledge / News / Textiles / Jute sector needs streamlining - Expert
Jute sector needs streamlining - Expert
04
Feb '10
Bangladeshi jute industry is witnessing a rise in global interest and creating new opportunities in local markets, which could offer it a new life. There is a need to restructure and reform country's jute sector along with the jute mills operated under the Bangladesh Jute Mills Corporation (BJMC) to enhance productivity, efficiency and capacity utilization, to seize emerging opportunities, say experts.

This was urged by the participants of a dialogue titled, 'Restructuring of the Jute Manufacturing Sector in Bangladesh: Challenges and Options', co-organized by the Centre for Policy Dialogue (CPD) and Economics Discipline, Khulna University, wherein political leaders, private sector entrepreneurs, jute trade union leaders, academics, senior officials of both public and private sector jute mills marked their presence.

As per Dr Khondaker Golam Moazzem, Senior Research Fellow, CPD, there is a need to frame policies in three core areas- strengthening of relevant institutions, undertaking necessary reforms and restructuring of the BJMC, as well as to increase the efficiency of privatization of SOEs related to the jute sector.

It has also been suggested that a number of initiatives need to be implemented over the short and medium term, after comparing the performance of Bangladesh's public and private sector jute mills with those of jute mills operating in India.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search