Latest Bangladesh Jute Spinners Association News & Updates

New Delhi, Jan 4 (IANS) Bangladesh’s jute industry is steadily losing its edge in the global market as high production costs, outdated machinery and low productivity continue to drag the sector down, according to Bangladesh Jute Spinners Association (BJSA) Chairman Tapash Pramanik.In an interview with ‘The Daily Star’, Pramanik said jute mills in Bangladesh are struggling to compete with rivals from other countries that have modernised their factories and reduced costs through better techn…