Abdul Matlub Ahmad, President of FBCCI (Federation of Bangladesh Chambers of Commerce and Industry) has said that a US $ 65million market will be established for the growing silk industry of Bangladesh over the period of two years.
“The traditional silk industry of the country has still lagged behind economically as the sector’s total market is limited to only US $ 1 million,” Ahmad mentioned at a recently held seminar on ‘Export Potential of Silk of Bangladesh’ held at FBCCI building, which was jointly organized by FBCCI and Germany’s Friedrich Naumann Stiftung für die Freiheit (FNF). He added that original silk has been replaced by synthetic duplicates, and if the silk growers come forward with quality silk products in near future, FBCCI will create a big market for the growers to restore the silk heritage of Bangladesh.
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Abdul Matlub also mentioned that garments manufacturers of the country should export silk-made products too, along with regular RMG products to help expand the silk industry on a large scale.
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Throwing light on the silk industry, Liakat Ali, Bangladesh Silk Industry Owners Association President further averred that National Silk Policy was made ten years back but is yet to be implemented. He informed that there are 11 silk plantations under National Silk Development Board which should be made commercial through Private Public Partnership (PPP).
Dr. Nazmul Hossain, Country Representative of FNF said that Bangladeshi silk has enormous amount of potential in the global market and if the Government of Bangladesh supports the silk industry further, it will surely gain new heights.
