problems faced by jute industry. Explain?
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84
The major problems of Indian Jute Industries are mentioned below:
High cost of production: Equipments for production are all worn out, outmoded in design. Many mills are uneconomic. Products are made costlier.
Storage of raw Jute: Jute industry suffers from inadequate supply of raw jute.
Shortage of Power Supply: Load-shedding creates problem of under-utilization of capacity.
Growth of Jute mills in Bangladesh and loss of foreign market: Newly started jute industry in Bangladesh has captured some of the market of Indian jute goods.
Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad: Indian jute goods have been losing ground in the world market primarily due to keen competition from synthetic substitutes and also supplies from Bangladesh and China.
High cost of production: Equipments for production are all worn out, outmoded in design. Many mills are uneconomic. Products are made costlier.
Storage of raw Jute: Jute industry suffers from inadequate supply of raw jute.
Shortage of Power Supply: Load-shedding creates problem of under-utilization of capacity.
Growth of Jute mills in Bangladesh and loss of foreign market: Newly started jute industry in Bangladesh has captured some of the market of Indian jute goods.
Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad: Indian jute goods have been losing ground in the world market primarily due to keen competition from synthetic substitutes and also supplies from Bangladesh and China.
Answered by
87
Problem of raw material-Mostly industries in west bengal faced the problem of shortage of raw material.
highly competition-jute industries in india face the highly competition from Bangladesh
Old technology-Mostly jute industry use old technology for production which increase the cost of jute
Problem of power-low power supply and loadshedding is also faced by these industries
highly competition-jute industries in india face the highly competition from Bangladesh
Old technology-Mostly jute industry use old technology for production which increase the cost of jute
Problem of power-low power supply and loadshedding is also faced by these industries
Nandinikaushik:
what is load shedding
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