At a recent webinar Bangladesh’s Cotton Development Board (CDB), an independent body responsible for Bangladesh cotton industry has affirmed it plans to raise raw cotton production to 20 lakh bales by 2041 from the current annual production of 1.71 lakh bales. Besides raising cotton production acreage to two lakh hectares, and increasing production per hectare up to 10 bales instead of 6.15 bales, CPB also aims to import 71 lakh bales of cotton annually from abroad at a cost of over Tk 30,000 crore.
The webinar was attended by notable personalities like Kai Hughes, Executive Director, International Cotton Advisory Committee (ICAC); Robert D Simpson, FAO Representative, Bangladesh; SM Bakhtiar, Executive Chairman, Bangladesh Agricultural Research Council (BARC), Al Sayeed Negom, Professor, Cotton Research Institute in Egypt and Keshob Kanti, Head-Information, ICAC.
Established on December 14, 1972, by Bangabandhu Sheikh Mujibur Rahman, the Cotton Development Board plans to boost cotton cultivation across the country on agro-forest land, salt, char and hilly areas.