Home / Knowledge / News / Textiles / Adamjee Jute Mills to restart with modern machinery
Adamjee Jute Mills to restart with modern machinery
Sep '10
Adamjee Jute Mills would soon be restarted. The government proposes to commence work on the project, as soon as it regains possession of the 22 acre plot of the closed mill from Bangladesh Export Processing Zone Authority (BEPZA).

Bangladesh Jute Mills Corporation (BJMC) is all set to commence work on the project as soon as they get through with the procedure of getting back the land from BEPZA. The overall project cost for construction of the 1000-loom jute mill is estimated at Tk 6.08 billion.

The first phase of the project would see the authorities working on construction of an export-oriented 500-loom mill under 'Jute Yarn Diversity' and its full capacity, would generate employment opportunities for over 5,720 people

It was during former BNP-led four-party alliance government's reign that, Adamjee Jute Mills was closed down, as it was sustaining heavy losses. Subsequent to the closure of the mill, entire property and premises of the mill were entrusted to BEPZA for transforming it into an export processing zone.

The then government intended to establish 50 industrial units on the mill's property at a cost of $400 million, and for the reason got in touch with several local and abroad investors but attained no positive response.

However experts from the jute sector are extremely pessimistic about the BJMC setting up and managing another jute mill, since BJMC has been found wanting in management capabilities and has been toting up huge losses since a long time.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

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

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Kevin Nelson

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


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