Handloom Industry on the Way of Extinction

Suntu Kumar Ghosh, Md. Shahriar Akter

"Handloom Industry on the Way of Extinction: An Empirical Study over the Pre - Dominant Factors"



Abstract


Handloom industry in Bangladesh is having glorious past, questionable present and blurry future due to a lot of internal and external factors that are acting behind the scene. In this paper, we have identified those predominant factors that are moving the wheels of this industry slowly. And among them, shortage of working capital, high cost of raw material procurement, lack of organizing capability, inadequate technology and efficiency, and lack of policy support are major forces which are bitterly hit the handloom industry.



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About the Author:


Suntu Kumar Ghosh is associated with Department of Management and Business, BRAC University, Dhaka, Bangladesh.


Md. Shahriar Akter is associated with Dept. of Business Administration, East West University, Dhaka, Bangladesh.