This inflationary trend comes despite a bumper Boro crop, the largest in Bangladesh’s history.
The US$1.2 billion investment will fund a 5,000-hectare seed farm and expand cultivation to 500,000 hectares.
The region has already imported nearly 5 million tonnes of parboiled rice.
The Sarlahi project stands out as a full turnkey solution, entirely designed, engineered, manufactured, and commissioned by Sona Machinery’s in-house team.
The project seeks to support over 11,000 farmers, 45% of whom are women and 60% youth.