state the challenge face by the jute industry
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Challenges faced by jute industry
The two challenges faced by the jute industry in India are
(i) Stiff competition in the international market from synthetic substitutes.
(ii) Supply competition from other jute producing nations like Bangladesh, Brazil, Philippines, Egypt and Thailand. Government Step to Stimulate Jute Demand
To stimulate the demand for jute, the government has introduced a policy of mandatory use of jute packaging.
The two challenges faced by the jute industry in India are
(i) Stiff competition in the international market from synthetic substitutes.
(ii) Supply competition from other jute producing nations like Bangladesh, Brazil, Philippines, Egypt and Thailand. Government Step to Stimulate Jute Demand
To stimulate the demand for jute, the government has introduced a policy of mandatory use of jute packaging.
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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
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
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