Bangladesh earns $307.5 mn from jute exports in July-Sept

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Bangladesh earned around Tk 2,460 crore ($307.5 million) in the first quarter (July-September) of this fiscal from jute exports due to government action plans while the sector secured the second position in exports replacing the leather industry, according to textiles and jute minister Golam Dastigir Gazi, who recently said the sector is now playing an important role in the economy.The earned amount is 39.26 per cent higher than that earned in the corresponding period in the last fiscal, the minister told a meeting of the officers’ forum of the Bangladesh Jute Mills Corporation at his ministry.

Cooperation is being offered to motivate jute growers and extend jute industries considering its demand both on domestic and international markets, he was quoted as saying in an official release by bangla media reports.

A five-year project on production and extension of higher technology-based jute and jute seed has been taken up by the directorate of jute to increase quality jute production and attaining self-sufficiency in jute seed production. The project is being implemented in 230 sub-districts in 46 districts.

Fibre2Fashion News Desk (DS)



Bangladesh earned around $307.5 million in the first quarter of this fiscal from jute exports due to government action plans while the sector secured the second position in exports replacing the leather industry, according to textiles and jute minister Golam Dastigir Gazi, who recently said the sector is now playing an important role in the economy.

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