Jute Information in Bangladesh

Jute Information in Bangladesh

Jute Information in Bangladesh

Jute Information in Bangladesh. Jute is the den of Alibaba where no knows how much immense is still to come. It is the “golden fiber” due to its golden brown color and its importance in the economy of Bangladesh. Rightly so, DL Roy had mentioned that beneath this land, treasures are peeping and a country of golden soil. It is not second to any plant and one of the major cash crops of Bangladesh. During British rule and afterward the Pakistan period, the creation of jute and related merchandise was the single biggest industry around here.

Indeed, even after the development of Bangladesh as a free state; jute was the principal supporter of unfamiliar trade profit for over 10 years. About 4 million farmers cultivated Over 8-10 lakh hectares of jute and jute crops are in Bangladesh. Around 50-55 lakh bunches of created jute are utilized in confidential area jute plants. The jute area contributes 0.26 percent to GDP and 1.4 percent to farming GDP. In the 2017-18 financial year, Bangladesh procured the US $1.02 billion from this area. Send out profit from jute items expanded by 8.10 percent to the US $882.35 million in the financial year 2019-20. At present Bangladesh is the second-largest producer of jute products.

Bangladesh produces the finest quality jute fiber. Universally jute is presently one of the main regular strands in view of being biodegradable and compostable. Jute is utilized to make different products. Like a material, Hessian and terminating fabric, canvas, serum material, embroidered works of art, tobacco sheets, boxes, papers, handiworks, designs, floor coverings, shopping packs, sports, and satchels, ocean side sacks, delicate gear, open air furniture, inside decorations, table lights, toys, and so forth. A few privately owned businesses are making pieces of clothing and shoes utilizing jute. Bangladesh is the best manufacturer of yarn and jute bag in international market. There are two types of jute mills in Bangladesh,1. Government 2. Privately owned. At present privately owned companies are exporting jute products with good reputation. Among the privately owned mills, Ahyan jute mills located in Khulna has a wide reputation in the jute industry of Bangladesh.

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They are one of the members of BJMA. They are well known manufacturer of jute yarn and jute bags in international market. Not only that, but they have gained a reputation for their jute products in Russia, China, Turkey, Vietnam, Dubai etc. AJML has been able to capture a large portion of their jute sacking bags and yarn in the international market. Considering the state of their international market they are launching a new unit of diversified products. And it is going to be one of the largest diversified products’ factory in Bangladesh and its production capacity will be 30,000 PCS per day. Ahyan is playing an important role in eliminating unemployment in the Phultala area. As a result, the standard of living in Phultala has changed. They work in the field of social development, education, and public welfare.

They bag lots of national and international awards for their tremendous performance in jute sector. AJML got the best private jute mills award 2018 &2019, CIP card 2015-2016.best tax payers award 2020 & 2021. Looking behind the window, the world is coming to a single umbrella and feels that green environment is the key of happiness. To meet the gap for deforestation and to stop the destruction of tress to balance the nature, jute can be a sublime source.

So to sum-up, we can conclude by saying that jute and world economy as well is really depending on jute-based products and we need to make a good phase to gift for our next generation where the can breathe pure oxygen. Jute a step to in and platform is ready.

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