ᴡʜᴀᴛ ɪs ᴛʜᴇ ɪᴍᴘᴏʀᴛᴀɴᴄᴇ ᴏғ ᴊᴜᴛᴇ ɪɴᴅᴜsᴛʀʏ ᴀɴᴅ ᴡʜᴀᴛ ᴀʀᴇ ᴛʜᴇ ᴅɪғғᴇʀᴇɴᴛ ᴄʜᴀʟʟᴀɴɢᴇs ғᴀᴄᴇᴅ ʙʏ ᴛʜᴇ ᴊᴜᴛᴇ ɪɴᴅᴜsᴛʀʏ?
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Jute plays an important role in providing raw material to the jute industry. The industry generates a large employment opportunities and earns valuable foreign exchange. ... So jute is an important commercial crop of India and manufacture of jute goods is a major industry.
Major problems of Indian Jute Industries :
High cost of production.
Storage of raw Jute.
Shortage of Power Supply.
Growth of Jute mills in Bangladesh and loss of foreign marke.
Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad.
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