what is jute industry explain I details.
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what is jute industry explain I details.
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Jute Textile Industry is one of the major industries in the Eastern India, particularly in West Bengal. Jute supports around 40 lakh farm families and provides direct employment to 2.6 lakh industrial workers and 1.4 lakh in the tertiary sector.Jute is an important natural fibre crop in India next to cotton. In trade and industry, jute and mesta crop together known as raw jute as their uses are almost same. Raw jute plays an important role in the country's economy. Raw jute was originally considered as a source of raw material for packaging industries only..
Major problems of Indian Jute Industries:-
1. High cost of production.
2 Storage of raw Jute.
3 Shortage of Power Supply.
4 Growth of Jute mills in Bangladesh and loss of foreign marke.
5 Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad.