Rajshahi and Thakurgaon are two state-owned silk firms, which were obsolete since a couple of years. In order to keep these firms operational, local production of silk yarn needs to be improved at the earliest possible.
However, industry experts aver that, the best possible boost should be given for production of silk yarn, domestically, before resurrecting Rajshahi and Thakurgaon factories.
This is because; silk yarn, purchased from foreign nations has turned exorbitantly expensive. And therefore, although, government's move to resurrect the firms is a wise decision, without local production of silk yarn, keeping them functional was pointless.
More so, now is the time to renew the conventional silk segment, via a sizeable and continuous domestically produced silk yarn, with the best possible use of the currently available natural resources.
But as of now, farmers who practiced sericulture need to be lured back to their age-old profession, as early as possible, by providing them with all the basic facilities and incentives. Similarly, cocoon and mulberry farming should be improved and enhanced to higher levels for surging mulberry leave and raw silk manufacturing.
Apparently, under the Bangladesh Silk Board (BSB), during the last fiscal, Tk 126.8 million was kept aside for developing and improving the silk industry, including increasing mulberry farming, expanding the industry and implementing various developmental plans.
Currently, at a price of Tk 3,700 a kilogram, smaller or desired quantities of silk yarn are being purchased from China, alone. The rising price has already pushed most of the silk firm towards closure.
Therefore, in order to face these adverse situations, atleast 150 tons of yarn, which accounts for 50 percent of the overall demand, must be manufactured domestically, in order to keep the silk firm in operation, throughout the year.
Emphasis therefore, should be levied on keeping the firms working, by utilizing locally produced yarn. In this regard, the private players too should not be permitted to purchase foreign yarn.
Currently, Bangladesh produces only 40 ton of silk yarn as against a yearly demand of 300 tons.
Fibre2Fashion News Desk - India