Business-friendly atmosphere must for industrial growth

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BSS, Rajshahi :
Speakers at a discussion here on Monday said ensuring business-friendly atmosphere is very important to encourage local entrepreneurs towards strengthening the country’s industrial sector.
They viewed there is a need of adopting necessary measures to revive the region’s industrial sector including the cottage industries as those are playing a vital role in the country’s economic development contributing 15.58 and 12 percent in the overall domestic development and employment respectively.
The observations came at a seminar titled “Adoption of Production and Marketing Strategies of small and cottage industries through the best uses of Sustainable Technologies and Domestic Resources” held at the conference hall of Bangladesh Small and Cottage industries Corporation (BSCIC) in Rajshahi.
BSCIC organized the seminar to mark the inaugural ceremony of a two-day Buyers-Sellers Conference and Products Exhibition- 2014.
BSCIC Chairman Shayam Sundar Shikder addressed the seminar as chief guest with its Regional Director Altaf Hossain in the chair. Managing Director of Rajshahi Krishi Unnayan Bank Mofazzal Hossain, Directors (Training) of BSCIC Abu Taheer Khan and Sarder Rafiqul Islam and State Officer Mominul Islam also spoke.
Professor Mustafizur Rahman of Marketing Department of Rajshahi University was the keynote speaker at the technical session of the seminar where more than 150 entrepreneurs, BSCIC officials, chamber and NASCIB representatives from eight districts under Rajshahi division participated.
The speakers stressed the need for state initiatives to build a strong entrepreneur network to make the country’s industrial sector in facing the ongoing challenges of the free- market economy.
They blamed increased competition, poor quality of product, unskilled manpower, lack of management commitment about quality, unawareness about quality through organization and lack of knowledge about quality control as the main hindrances towards making the domestic industries profitable.
However, they suggested for training and education for manpower development, using modern quality management philosophy and appropriate technology and focusing on customer satisfaction with a view to overcoming the above mentioned constrains.
A two-day exhibition of varieties of goods produced by BSCIC was organized at the office compound. Agri-products, food products, handicrafts, engineering and leather items, herbal medicine, silk ware and other essentials were on display.

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