Agro -Based Industrial Development in Bangladesh

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Table of Contents

1.INTRODUCTION………………………………………………………01

2. Objectives…………………………………………………………..01

3. Prospect of Agro-Based Industry…………………………………….02

4. Development of the Industrial Sector: Issues and Challenges …..03

5. Agro-based industrial sector…………………………………………..04

5.1 Poultry………………………………………………………………..04 5.2 Grains ………………………………………………………………..05 5.3 Livestock …………………………………………………………...5-6 5.4 Fisheries………………………………………………………………6 5.5 Horticulture …………………………………………………………..7

6. Agribusiness Credit Fund……………………………………………….7

7. The USAID Agro-based Industries and Technology Development Projects – ATDP I and now ATDP II………………………………………………8

8. Early Success in Agro processing……………………………………….9

9. Recommendation…………………………………………………………10

10. Conclusion………………………………………………………………10

Reference……………………………………………………………………

1. Introduction:

The economy of Bangladesh is primarily dependent on agriculture. About 76.61 percent of the total population live in rural areas and are directly or indirectly engaged in a wide range of agricultural activities. It sustains the livelihood of rural people and plays the principal role in building their household food security and meets all the needs. The agriculture sector comprises crops, horticulture, forests, fisheries, and livestock sub sectors. Grain industry, Jute and textile industry, Sugar industry, Tea industry, Leather industry, Frozen food industry, Salt industry, Small and Cottage industry, Fish industry, Poultry industry, Dairy industry, Seed industry, Paper and Hard- board industry are the representative of our agro-based industries. The growths of the different service sectors such as wholesale and retail marketing, hotel and restaurant, transportation, preservation, communication are overwhelmingly depended on agro-industrial sector.

What is agro-industry?

As stated in the State policy of Gujarat, India (2003), " 'Agro Industry' means unit which adds value to agricultural products/intermediates/residues; both food and non-food; by processing into products which are marketable or usable or edible, or by improving storability, or by providing the link from farm to the market or a part thereof. Agro-industry also includes hi-tech agriculture and biotechnology based agriculture".

2. Objectives
The research will be based on the following objectives: a) To know the current state of development sustainability of the agro-industrial sector of Bangladesh. b) To suggest for improving the impediments to the improvement of the sector.

3.Prospect of Agro-Based Industry

Agro-based industry prospects are huge. Lots of people started talking about leather products as the next ‘garments’ revolution. However I think they completely ignored Agro industry although it is very appropriate for Bangladesh. The prospect of agro-processing industries in the northwestern region of the country is bright as the region produces adequate crops including food-grains, fruits and vegetables. Business leaders, bankers, agronomists and researchers told BSS that the region has enormous potentials for making agro- processing enterprises sustainable and profitable as it has been producing varieties of fruits and vegetables side by side with contributing to the national economy with its huge agro-products. Vegetables like potato, cauliflower, tomato, white gourd, bean, spinach, puin, pea and baby corn are being produced in the region in larger amount side by side with broccoli, carrot, celery, capsicum, and strawberry. Khan said the Bangabandhu Multipurpose Jamuna Bridge contributed a lot in improving communication in the northern...
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