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Traders are worried whether sales would meet their expectations at the Dhaka International Trade Fair as fear of political violence is keeping potential buyers at bay.
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Bangladesh as a developing country needs a robust yet pragmatic industrial policy to see its economic activities bringing the coveted results. The present government is providing the needed guidelines to attain holistic economic development in all the sectors. The task is no doubt daunting as the government faces resource constraints and many other debilitating factors including political turmoil. And yet, considering the importance of the private sector, an all-out support is being provided to the private entrepreneurs - big, medium and small. This support has brought dynamism in both the public and private sectors. Against this backdrop, it is essential to examine various aspects of industrialisation and its impacts on overall economic activities.
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Bangladesh has a rapidly growing consumer market and due to a large population base, the demand for food products is always on the rise. The market and the product range have evolved significantly over the last decade and many companies have entered the food business which was otherwise not into this level of diversification in the past.
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It would hardly be an exaggeration to say that the Dhaka International Trade Fair (DITF) represents the consistent progress Bangladesh has been making in the realm of commerce and economy notwithstanding the illimitable political troubles. It offers the local traders and manufacturers, as stated in the official fair website (http://www.ditf-epb.gov.bd/), a unique opportunity to showcase their products and produces before an audience which is comprised of both Bangladeshi and international citizens. At the same time, interested manufacturers and business houses from abroad are presented with the chance to assessing potential of their products in a fast expanding Bangladeshi market. An often ignored dimension of the DITF is that it allows international manufacturers and traders the...
