One of the most ecofriendly and sustainable crops, jute, known as the golden fiber, is a natural fiber extracted from jute plant. With growing awareness for environment friendly products, the need for jute-based products has never been greater. One of the oldest industries in the country, the Bangladesh government has been nurturing the industry through continuous support and favorable policies and incentives creating investment opportunities for local and international investors. Bangladesh is the 2nd largest jute producer in the world and top exporter of Jute.