Dhaka, May 19 -- Textiles and Jute Minister Khandakar Abdul Muktadir on Tuesday said the government aims to transform Bangladesh's jute sector into a strong $5-7 billion industry from the current export earnings of around $1 billion through proper planning, modern technology, research, improved seed production and expansion of diversified jute products.

"Although the country's total export earnings have risen to around $50-55 billion, the contribution of the jute sector remains limited to nearly $1 billion. In this context, the government has taken timely initiatives to unlock the sector's vast potential," Muktadir said while inaugurating the Multi-purpose Jute Products Fair-2026 at the Jute Diversification Promotion Centre in Farmgate....