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Product development, diversification must for Bangladesh's handicrafts

25 Nov '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Bangladesh needs product development and diversification to ensure a sustainable handicraft industry, it was discussed at the first meeting of the Federation of Bangladesh Chambers of Commerce and Industry’s (FBCCI) standing committee on handicrafts, handloom, cottage industries, ethnic and tribal products in Dhaka.

Due to yarn price hike, the cost of producing handicrafts and handloom items has increased, while sales have fallen due to the pandemic and inflation, they felt.

Cottage and small enterprises have lost the ability to sustain business, the meeting heard.

FBCCI vice president Amin Helaly urged entrepreneurs to submit written proposals about the challenges of the handicrafts, handloom and cottage industry, a news agency reported.

Fibre2Fashion News Desk (DS)

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