entrepreneurial aspects of mosquito net business in bangladesh
TRANSCRIPT
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WELCOME
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Group-6
GENESIS
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GROUP MEMBERSABDUL OHAB PAPPU *ID- 041
MD TARIKUL HOSSAINID- 042
KANIZ FATEMA ANANNAID- 043
PROKASH KUMARID- 044
SHAYLA TAZMINURID- 045
KHANDAKHAR MD. KALIM ULLAHID- 046MD. ZAKIR HOSSAIN
ID- 048SARAHA ISLAMID- 049
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ENTREPRENEURSHIP DEVELOPMENT
MGT-304
COURSE TEACHER:ISRAT JAHAN KUMKUM
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ENTREPRENEURIAL ASPECTS OF
MOSQUITO NET BUSINESS IN BANGLADESH
Topic:
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ABDUL OHAB PAPPUID- 041
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Overview of Bangladesh handloom industry
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Overview of Handloom industry of Bangladesh
Bangladesh Handloom Board (BHB). established in 1977.
Handloom industry covers Jamdani , Benaroshi, Lungi, Cloths, gamcha, chaddar , Mosquito net etc.
0.183 million handloom units , 0.505 million handlooms , about 1 million handloom weavers
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Overview of Handloom industry of Bangladesh
50% female workers
A manpower of about 1 million weavers, dyers, hand spinners, embroiderers .
0.30 million active looms to produce around 687 million meters of fabrics annually.
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Overview of Handloom industry of Bangladesh
Sirajganj, Tangail, Narayanganj, Narsingdhi, Bogra, Rangamati, Dijajpur – focused area
About 40% saree, 25 % lungi, 10 % gamcha, 10 % chaddar, 15% others produced every year.
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ZAKIR HOSSAINID- 048
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Overview of Handloom industry of Bangladesh
At present there are 1314 primary weaver’s societies, 58 secondary weaver’s societies and 1 Apex society in the country.
Workers are low paid . Senior taanti gets 2500-3000 BDT & junior get 1500-1800
Specialized institutions providing education on handloom products. BGMEA, Shanto Mariam university.
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Overview of Handloom industry of Bangladesh
BHB with its head quarter in Dhaka, has 6 Services Centers equipped with modern machinery.
Among all the handloom products Jamdani, Benaroshi, Lungi are most exported
Now a days handloom products are being produced by machine thus it’s a threat to our tradition.
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Overview of Handloom industry of Bangladesh
The inclusion of foreign handloom products is marked as one of our threats to industry.
About 15% of our national income is generated from handloom industry.
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SARAHA ISLAMID- 049
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Impact of handloom industry on economy
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Impact of handloom industry in Bangladesh economy:
National income
Employment
Variety & traditional products
Improved lifestyle
Quality product
Local economy setup
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TARIKUL HOSSAINID- 042
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Mosquito net business of Bangladesh at a glance
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Mosquito net business of Bangladesh at a glance
In almost every district mosquito nets are produced
RM4, AC, Magic, Polyester, 76 colors, Digital are the most common category.
Parkship Clips Industries, Rentrade Impex, Royal mark, Fab-con textiles, Grameen fashion & febricks are some mosquito net manufacturer.
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Mosquito net business of Bangladesh at a glance
More then 10 lacs worker/employees are related with this business
15% sales tax imposed in Bangladesh , also in term of exporting.
Advance Trade VAT (4% CIFD), Advance Income Tax (5% CIFD)- incase of export
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Mosquito net business of Bangladesh at a glance
Covers market offering as in Bangladesh mosquito spread diseases.
25- 45% profit margin in every quality of mosquito net
17% of handloom workers employed here
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KANIZ FATEMA ANANNAID- 043
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Entrepreneur , labor & investment information
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Entrepreneur & Labor info. of Mosquito net business:
Age class Frequency Percentage 30-40 15 75% 40-50 5 25% 50+ 0 0% Total 20 100%
Age status of the entrepreneurs:
75%
25%
Age
30-4040-5050 +
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Entrepreneur & Labor info. of Mosquito net business:
15%
75%
10%
Education
PrimarySecondaryGraduate
Category Frequency Percentage
Primary 3 15%Secondary 15 75%Graduate 2 10%Total 20 100%
Educational status:
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Entrepreneur & Labor info. of Mosquito net business:
Category Frequency Percentage
Skilled 16 80%Semiskilled 4 20%Unskilled 0 0%Total 20 100%
Labor skill:
80%
20%
Labor
SkilledSemi-skilledUnskilled
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Average investment in mosquito net business:
Fixed investment:
Current investment:
Per year Per month
5,00,000- 10,00,000 BDT
24,00,000- 36,00,000 BDT2,00,000- 3,00,000 BDT
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PROKASH KUMARID- 044
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Category wise production cost, selling price, average profit, annualcost, income & net profit
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Category wise production cost, selling price, average profit:
Items Production Cost
Selling price
Average Profit
RM 4 220 250 30Digital 250 280 30AC 120 150 30Magic 250 300 5076 Colors
220 230 10
Polyester
180 200 20
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Category wise annual cost, income & net profit :
Category Annual cost Income Net profit
RM 4 880000 1000000 120000Digital 1500000 1680000 180000AC 240000 300000 60000Magic 500000 600000 10000076 colors 440000 460000 20000Polyester 360000 400000 40,000
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SHAYLA TAZMINURID- 045
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Findings concerning mosquito net business
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Findings concerning mosquito net business:
Profit margin
Variety in Quality
Un-localized
Educational status of entrepreneur
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Findings concerning mosquito net business:
Less risk
Adequate sale
Skilled workers
Less capital required
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KHANDAKHAR MD. KALIM ULLAHID- 046
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Recommendations for mosquito net business
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Recommendations for mosquito net business:
Export opportunity
Locally production of raw material
Training for workers
Credit facility for start-up
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Recommendations for mosquito net business:
Improvement of quality
Tax rebate
Avoidance of harmful chemical
Proper wage
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?any question
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THANK YOU