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SME

Young entrepreneur finds success in drak charcoal export

  • Staff Correspondent
  • 7 December, 2021 12:00 AM
  • Print news
Young entrepreneur finds success in drak charcoal export

He started just 10 years ago but is now earning Tk 30 million a year by exporting charcoal produced from jute ashes.

Nazmul Islam is a small entrepreneur and one of the recipients of National SME Entrepreneur Award 2021.

“I learnt about the charcoal business when participated in a conference in China. Then I communicated with the experts about producing charcoal from jute products,” Nazmul, proprietor of Taji Agro, told Daily Sun.

“There is a huge demand of charcoal in global market now. I now export charcoal worth Tk 30m a year,” he said while sharing the story of the business on the sidelines of the SME Fair in Dhaka.

Najmul is one of four recipients of the National SME Entrepreneur Awards 2021.

Other three recipients include Sohani Interior’s founder Humaira Mustafa, Hifs Agro Food CEO Shoaib Hasan and Nexdecade Technology founder Azizul Hoque.

SME Foundation has organised the eight-day SME Fair 2021 at Bangabandhu International Conference Centre in the capital.

The government operates cluster-based activities to promote sector-wise entrepreneurship based on geographical location.

There are 70,000 businesses across 177 clusters employing 2 million people and making a total annual turnover of Tk 300 billion, according to the official data.

Meanwhile, a seminar titled “Contribution of SME Cluster for Ensuring Comprehensive Development” was held on the sidelines of the fair on Monday.

State Minister for Industries Kamal Ahmed Majumder was the chief guest at the seminar presided over by SME Foundation chairperson Md Masudur Rahman.

Kamal Ahmed Majumder said the government would allocate a special budget from the next fiscal year for the development of the SME sector.

“More display centres of SME products will be set up to promote local businesses. We also plan for a dedicated business hub like ‘SME Palli’ for small entrepreneurs,” he said.

Majumdar pledged to provide supports to build a permanent infrastructure for the SME Foundation.

Some 311 local small and medium entrepreneurs, 60 per cent of whom are women, are participating in the fair.

Of them, 116 companies are from fashion and boutiques, 37 from leather products, 36 food and agro-processing companies, 33 handicrafts, 29 jute products, 17 light engineering, four IT, six electrical and electronics, four herbal producers, four imitation jewelry makers and three plastic products companies.