Bangladesh has initiated a 1,000 crore plan to revitalise the silk industry and create hundreds of thousands of new jobs. Bangladesh's silk industry is one of the oldest in the world, with farmers in the northwestern border district of Rajshahi producing some of the most sought-after silk yarns. They specialise in high-quality mulberry silk -- widely known as Bengal or Rajshahi silk -- produced by the larvae of moths fed on fresh mulberry leaves and used for luxurious items of clothing.

 As an agro-based industry sericulture holds out a great deal of prospects in Bangladesh. Since British period, silk production occurs in Rajshahi zone as British Government selected the Rajshahi zone for cultivation of mulberry tree, because the weather and soil are suitable for mulberry treeWith the booming of the Bangladesh economy demand for Rajshahi silk has increased several fold.  Sericulture has a huge prospect if we could nurture it properly. Unfortunately the number of silk farmers has plummeted to around 2,000 from 10,000 only a few years ago. The government has plans to bring in Chinese experts and train local farmers.

Many studies in the past have shown high expectation from silk sector in terms of generation of employment and income. Further, the industry has a strong equity orientation as large number of landless labourers, marginal and small farmers depend on this industry for their livelihood and cash requirement. In the non-firm sector a large number of urban poor are also engaged in silk reeling activities. More importantly the money is being transferred indirectly from rich to the poor in the sense that a majority of the silk products are used by richer section of the society as silk products are costly where as the cocoon growers and raw silk makers are from the poorer section of the society. Thus, sericulture industry has its own significance in country like Bangladesh where income inequality is high.

The industry’s product is well qualified, price is reasonable and distribution is sufficient. The silk mills have sufficient human resources in administration, procurement, production and distribution sector who are engaged to perform their assigning activities. It has adequate skill and efficient workers. The consumers of silk product are increasing day by day. It has an opportunity to export product to abroad. It is essential to make effective plan and execution of that plan to get back the glorious position of our silk industry as well as to help the economical development of our country. For this purpose we proposed some recommendations for silk industry of Bangladesh in the study. We believe that if the industry follows that recommendation, it will be benefited and able to gain more profit and overcome all of its obstacles.