Internship Report: To Study the Current Market Scenario and the - TopicsExpress



          

Internship Report: To Study the Current Market Scenario and the Future Prospect of Leather Chemical Industry of Banglad by Shuvo Organization/Institute: BUBT (Major in HRM) Facebook: facebook/freeshuvo Subject Name: Finance File Type: doc File Size: 4.788736 MB The history of the leather sector and tannery industry in Bangladesh started when R.P Saha set up first tannery in Narayanganj back in 1940. It was later shifted to Hazaribagh area of Dhaka, which turned into a location that now accommodates a large number of tannery units of the whole country. At present, the leather sector of Bangladesh has 220 processing units located at different parts of the country (mainly in Hazaribagh, Dhaka). But only 28 tanneries are in operation, among them 20 are operating in crust section and 8 are in finishing section. Total capital invested in the tannery industry is estimated at Tk 2.5 billion, of which government/bank finance is about Tk 1.2 billion. Bangladesh currently produces about 20.0 million sq. meters of leather and leather goods per year. Contribution of leather sector (hide &skin, leather and leather goods, and footwear except rubber) to GDP is 0.31 (at constant price) in FY 2003. According to Leather Sector Census Study,2005 total production of wet blue leather in 2003 was 3,50,60,000 square feet, crust leather 6,61,72,000 square feet, finished leather 13,48,20,000 feet, whereas 1,67,66,000 pairs of leather footwear were produced in 2003 and 766000 pieces of leather goods were produced in 2003. In 2004, 247 million square feet raw hides were available for the leather industry, among which cow and buffalo hides were 184 million square feet and goat and sheep skin were 6 million sq.ft. According to a report published by FAO in 2003 the numbers of bovine animals in Bangladesh were 2,48,30,000 in 2002; the number of sheep and lambs were 11,43,000 and there were 3,44,00,000 goats and kids in Bangladesh. Bangladesh has exported leather and leather goods worth 220.93 Mn. US$ in 2004-2005, whereas it has exported 211.41 Mn. US$ valued leather and leather goods in 2003-04. The export target for 2005-06 is 235 Mn.US$ in which the export performance achieved in July2005-November2005 was 96.21Mn. US$. Total export of Bangladesh in 2004-05 was 8654.52Mn. US$, so the contribution of the leather sector export to the total export was 2.55% in 2004-05. The main exporting countries are Hong Kong, Italy, Japan, Vietnam, Republic of Korea, Taiwan etc.
Posted on: Thu, 22 Aug 2013 06:48:32 +0000

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