"Fortunately Bangladesh has a plant called jute while India has the industry for jute," he said while addressing the 110th founding anniversary celebration of the Metropolitan Chamber of Commerce and Industry (MCCI) at Bangabandhu International Conference Centre in the capital.
Kalam, also known as the Missile Man of India, said "it is a great opportunity for the two neighbours to take a visionary action to replace and eliminate plastic products throughout the world by technology, development and marketing".
For this, he said, "we need a cooperative based structure by the farmers who manage production, processing, technological reinforcement and marketing of the jute products in the regions as independent enterprises".
Kalam said the governments and the industries from both the nations needed to offer their focused efforts to reach out to each other for mutual benefit as they "share significant natural resources including 54 rivers, the Sundarbans, world largest mangrove forest, which is 2/3rd in Bangladesh and 1/3rd in India".