Product development, diversification must for Bangladesh’s handicrafts

As a consequence of yarn worth hike, the price of producing handicrafts and handloom objects has elevated, whereas gross sales have fallen as a result of pandemic and inflation, they felt.

Bangladesh wants product improvement and diversification to make sure a sustainable handicraft business, it was mentioned on the first assembly of a Federation of Bangladesh Chambers of Commerce and Business’s standing committee. As a consequence of yarn worth hike, the price of manufacturing has elevated, whereas gross sales have fallen as a result of pandemic and inflation, they felt.

Cottage and small enterprises have misplaced the power to maintain enterprise, the assembly heard.

FBCCI vice chairman Amin Helaly urged entrepreneurs to submit written proposals in regards to the challenges of the handicrafts, handloom and cottage business, a information company reported.

Fibre2Fashion Information Desk (DS)