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Without product development and diversification, it is difficult to ensure a sustainable Handicraft Industry

Without product development and diversification, it is difficult to ensure a sustainable Handicraft Industry

Staff Correspondent

Due to yarn price hike, the cost of producing handicrafts and handloom items is increased. On the other hand, product sales have decreased due to Covid-19 and ongoing inflation. Entrepreneurs demand, cottage and small enterprise have lost the ability to sustain business. To overcome these crises, entrepreneurs call for the continuation of government policies and financial support.

In the first meeting of the FBCCI Standing Committee on Handicrafts, Handloom, Cottage Industries, Ethnic and Tribal Products held on Tuesday, committee members highlighted these issues. They want FBCCI's assistance to get easy financing from banks.

Through FBCCI, committee members urged the Export Promotion Bureau (EPB) to be more active in organizing fairs at home and abroad. At the same time, women entrepreneurs want the opportunity to participate in the fair by paying a nominal fee.

FBCCI Senior Vice President Mostofa Azad Chowdhury Babu was present at the meeting as the chief guest. He said, “Fairs should not only be aimed at selling products. You have to bring orders from there. You have to improve product quality. Product diversification should be more emphasized. And Increase competitiveness.”

FBCCI Vice President Amin Helaly urged the entrepreneurs to submit specific proposals in written form about the challenges of handicrafts, handloom and cottage industry. He said, “Entrepreneurs are best known about their challenges. You should take initiative to bring a proposal to us. We (FBCCI) will present it to the policy maker.”

Director-in-Charge of the standing committee Md. Ali Hossain Shishir said, “SME entrepreneurs can overcome the current crisis if they get government policy and financial support.” He urged the women entrepreneurs scattered all over the country to come forward harmoniously for the development of the CSME industry.

Chairman of the committee Rashedul Karim Munna emphasized on increasing productivity by skill development of the workers in the handicraft industry. He advised to make a strategic plan for the handloom and handicrafts industry.

President of National Association of Small and Cottage Industries of Bangladesh, Mirza Nurul Ghani Shovon, demanded the implementation of the National Handicraft Policy to make the investment safe and sustainable.

Speakers at the meeting called for the introduction of Online Payment Gateways in the country to facilitate the process of getting the price of the products from abroad.

Among others, director of FBCCI Hafez Harun, Secretary General Mohammad Mahfuzul Hoque, co-chairman of the committee Shaheen Ahmed, Mamunar Rashid, Biplab Saha and other members of the committee were present in the meeting.

 

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