Bangladesh's Jute Industry Loses Global Edge

Bangladesh's jute industry, once called the 'golden fibre,' is struggling to keep up with other countries.

The problem is that the factories are old, the costs are high, and the products aren't as diverse as what buyers want.

Unlike the successful clothing industry, which has modern machines and better support, the jute industry hasn't gotten the help it needs to grow.

This has kept the earnings from jute exports the same for a long time.

The industry needs better technology, more research, and stronger policies to become competitive again.