Production of Ceramic Products
PRODUCTION OF CERAMIC PRODUCTS:
PROSPECTS & IMPACT ON EXPORT EARNING OF BANGLADESH TITLE OF THE STUDY
Bangladesh is an agricultural country with some three-fifths of the population engaged in farming. Jute and tea are two important agricultural products to earn foreign exchange. For higher GDP growth, investments in industrial sector will need to be accelerated. The prevailing political and economic stability has greatly encouraged investment in the industrial sector. The trend of foreign direct investment is very encouraging. The government is committed to market economy and has been pursuing policies for supporting and encouraging investment in industrial sector and eliminating unproductive expenditures in the public sector. Among the industry, ceramic industry is promising and potential for Bangladesh. In Bangladesh there are some international standard ceramic industries; their contribution to earn foreign currency is increasing day by day. The demand of Bangladeshi ceramic product is increasing in the international market. Considering this factor we did a feasibility study on Production of Ceramic: Prospects & Impact on Export earning of Bangladesh.
ABSTRACT
Ceramic industry took a formal start in this country in 1958. Now, there are about 15 ceramic industries in the country. Ceramic Industry manufactures useful and ornamental articles from clay by shaping and hardening it in high temperature. The industry is basically a development of indigenous pottery works. The ceramic industry in Bangladesh has been one of the rapidly growing sectors. In the fiscal year 2004-2005, the country 's ceramic tableware export reached US$ 28.75 million, which was 16% higher than the previous fiscal year. Export from ceramics is expected to triple by 2008. The objective of this paper is to analyze the prospect of Ceramic industry in Bangladesh and its impact on export earning of Bangladesh.
INTRODUCTION
Ceramic Industry manufactures useful and ornamental
PROSPECTS & IMPACT ON EXPORT EARNING OF BANGLADESH TITLE OF THE STUDY
Bangladesh is an agricultural country with some three-fifths of the population engaged in farming. Jute and tea are two important agricultural products to earn foreign exchange. For higher GDP growth, investments in industrial sector will need to be accelerated. The prevailing political and economic stability has greatly encouraged investment in the industrial sector. The trend of foreign direct investment is very encouraging. The government is committed to market economy and has been pursuing policies for supporting and encouraging investment in industrial sector and eliminating unproductive expenditures in the public sector. Among the industry, ceramic industry is promising and potential for Bangladesh. In Bangladesh there are some international standard ceramic industries; their contribution to earn foreign currency is increasing day by day. The demand of Bangladeshi ceramic product is increasing in the international market. Considering this factor we did a feasibility study on Production of Ceramic: Prospects & Impact on Export earning of Bangladesh.
ABSTRACT
Ceramic industry took a formal start in this country in 1958. Now, there are about 15 ceramic industries in the country. Ceramic Industry manufactures useful and ornamental articles from clay by shaping and hardening it in high temperature. The industry is basically a development of indigenous pottery works. The ceramic industry in Bangladesh has been one of the rapidly growing sectors. In the fiscal year 2004-2005, the country 's ceramic tableware export reached US$ 28.75 million, which was 16% higher than the previous fiscal year. Export from ceramics is expected to triple by 2008. The objective of this paper is to analyze the prospect of Ceramic industry in Bangladesh and its impact on export earning of Bangladesh.
INTRODUCTION
Ceramic Industry manufactures useful and ornamental
Bibliography: [pic] Exports receipts 2003-2004 published by Bangladesh Bank. [pic] Economic Trends published by Bangladesh Bank. [pic] Balance of payments published by Bangladesh Bank. [pic] Banglapedia. [pic] Internet.