Home / Knowledge / News / Textiles / Marketing policy indispensable for jute sector – Experts
Marketing policy indispensable for jute sector – Experts
20
Mar '10
The experts at a workshop on 'Golden Fiber: Sustainable Livelihoods for Jute Growers and Producers' which was recently held at IDB Bhaban in the city, expressed their anxiousness over devising an active marketing policy for raw jute and jute products as there has been a noticeable hike in the demand for those items at both domestic, and international level.

According to the experts, the Bangladeshi jute item's market has marked its presence in over 100 countries across the world, with a hike in demand which owes to increased awareness amongst people about the use of natural fibre made products.

Kazi Shahed H Ferdous, Country Director Tradecraft Exchange, chaired the workshop that was jointly organized by Tradecraft Exchange and TARANGO and backed by UKaid, whereas KR Hasan, Executive Director of Jute Diversification Promotion Centre and Dr Kamal Uddin, Director General of Bangladesh Jute Research Institute (BJRI) were amongst the speakers.

KR Hasan said that as the government grants subsidy on raw material for jute cultivation and alongside it should also make available farm loans to the jute sector so as to boost up the production. The authorities need to act on time, while acquiring jute so as to ensure that the cultivators get appropriate prices.

According to him, at the very outset of the jute harvesting season, the government should decide on the prices of jute. Also in order to ensure that the jute cultivators draw appropriate prices, a Local Jute Purchase Monitoring Committee should be constituted with local representatives, farmers' representations and private organizations.

Dr Kamal Uddin stated that, during the initial five months of current financial year, the country exported US $156.2 million worth of jute items, against $269.3 million during the previous full fiscal year.

Jute sector is a support for over 30 million people who directly or indirectly depend on it, he said. This is because the sector engages around 3.5 million farmers as jute cultivators, 200,000 workers in jute factories, above 100,000 jute traders and above that a huge chunk of workforce is engaged in transportation and other allied services.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Jens Mahnke from Pexels

Textiles | On 22nd Oct 2018

India levies anti-dumping duty on flax yarn from China

The ministry of finance, Government of India, has imposed definitive...

US polyester yarn makers allege dumping from China, India

Textiles | On 22nd Oct 2018

US polyester yarn makers allege dumping from China, India

Two major US synthetic yarn producers—Unifi Manufacturing, Inc...

Courtesy: Donear

Textiles | On 22nd Oct 2018

Aspiring middle class shaping menswear fabric trend

The key trends shaping menswear fabric include a new middle class and ...

Interviews View All

C Kamatchisundaram, Voltas

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Anshul Sood, Oceedee

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Tejas N Patel, Navin D Patel,

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search