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Govt sets higher target for jute exports
22 Dec '10
1 min read
The Bangladesh government this year has set an ambitious target for jute exports, which is 41 percent above the last year's overall jute exports.
There has been a significant rise in the demand and price of jute in the global market in recent times which have prompted the government to set such an ambitious target.
The government has decided to export $1,115.38 million worth of jute and jute items during the current financial year, which is 41 percent above the last fiscal's export of jute and jute items worth $787.9 million.
Jute sector of the country, which made a great comeback with its last year's export, once again, has established itself at its old position next to the RMG sector.
Now-a-days, as people across the world are getting more and more conscious about the environmental and climatic changes and unlike plastic items this has lead to a rise in the global demand for the natural fibre – 'jute' and products made out of it.
There has been a significant rise in the demand and price of jute in the global market in recent times which have prompted the government to set such an ambitious target.
The government has decided to export $1,115.38 million worth of jute and jute items during the current financial year, which is 41 percent above the last fiscal's export of jute and jute items worth $787.9 million.
Jute sector of the country, which made a great comeback with its last year's export, once again, has established itself at its old position next to the RMG sector.
Now-a-days, as people across the world are getting more and more conscious about the environmental and climatic changes and unlike plastic items this has lead to a rise in the global demand for the natural fibre – 'jute' and products made out of it.
Fibre2fashion News Desk - India
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