what are the challenges faced by jute in india
Answers
Answer:
Problems of Jute Industry in India
High cost of production: Equipments for production are all worn out, outmoded in design. ...
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.
Answer:
1.High cost of production: Equipments for production are all worn out, outmoded in design. Products are made costlier.
2.Storage of raw Jute: Jute industry suffers from inadequate supply of raw jute.
3.Shortage of Power Supply: Load-shedding creates problem of under-utilization of capacity.
4.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.
5.Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad:
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