Textiles and Jute Minister Md Emaz Uddin Pramanik on Monday told Parliament in the last fiscal year of 2014-15, Bangladesh falls back by 45 percent to achieve it export target of the jute-products, as some 117,953 tonnes of jute products were exported in the last fiscal year against the target of 215,540 tonnes.
While, in the current fiscal of 2015-16 against the target set to export 213,955 tonnes of jute product, some 7.55 million bales (1bale=180 kg) of jute was produced in the country.
The demand and sale of jute products, manufactured by Bangladesh Jute Mills Corporation (BJMC) registered a fall following the implementation of the Mandatory Jute Packaging Act 2010, he explained.
In the last fiscal, Bangladesh exported some 1.0 million bales of raw jute and earned foreign currency of Tk 8.17 billion, the minister noted.
In the first six months of the current fiscal, Bangladesh exported 0.54 million bales of raw jute and earned foreign currency to the tune of Tk 4.74 billion.-Asfar
The raw jute is exported to India, Pakistan, China, Nepal, Germany, Korea, Brazil, Djibouti, Russia, Vietnam, Ivory Coast, the USA, the UK, El Salvador, Iraq and Iran.
Tokyo-based Teijin Frontier has developed a new multi-functional textile for sports and outdoor clothing that offers improved comfort and cooling…
In a major step towards reviving Telangana’s handloom traditions and environmentally responsible fashion, BRS Working President launched Singidi Collective.
The latest Mini models make wide use of recycled knitted fabrics in their interiors, combining simplicity, sustainability, and modern aesthetics.
BRM, a leader in the design and manufacturing of engineered woven fabrics, has highlighted its advanced webbing solutions developed for…
Himachal Pradesh has announced a new policy to encourage regulated cultivation of industrial hemp, promoting plans for sustainable textiles products.
Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.