Shankar Majumdar in Char Amanullah union of Subarnachar, Noakhali, is producing eco-friendly yarn from discarded banana trees and water hyacinth and exporting it abroad. He started this initiative by buying a machine for Tk 1.20 lakh after watching YouTube. Currently, 10 to 15 workers are working in his factory, earning several lakh taka a month.
Banana tree yarn is being sold at Tk 500 to 600 per kg and water hyacinth yarn at Tk 700 to 800 per kg. Banana tree yarn goes to China and water hyacinth yarn to Europe. Despite a monthly demand of about 100 tons, it is not possible to supply due to a shortage of capital and machines. Waste parts from yarn production are sold at Tk 40 per kg.
This success has created new hope among local youth. Youth Development Officer Khurshid Alam stated that the Department of Youth Development stands by energetic youth and mentioned discussions with various banks for financial assistance. Subarnachar Upazila Nirbahi Officer Akib Osman is also involved in this matter.
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