what is underline problem in jute and cotten industries
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Challenges faced by the industry include stiff competition in the international market from synthetic substitutes and from other competitors like Bangladesh, Brazil, Philippines, Egypt and Thailand. However, the internal demand has been on the increase due to the Government policy of mandatory use of jute packaging.
There is a shortage of raw material, particularly of long staple cotton, which is imported from other countries.
We use old and obsolete machinery.
The cotton industry is facing tough competition from the fibre industry.
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