why jute company has to face challenges?
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Jute industry has to face challenges because:
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.
Answered by
1
1) high cost of production: equipments for production are all workout, outmoded in design..
2) storage of RAW jute: jute industry suffers from an educated supply of RAW jute.
3)shortage of power supply: load shedding creates problem of underutilization of capacity.
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2) storage of RAW jute: jute industry suffers from an educated supply of RAW jute.
3)shortage of power supply: load shedding creates problem of underutilization of capacity.
I hope you are satisfied with my answer.
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