Home / Knowledge / News / Textiles / 'India's jute exports may reach Rs 28bn in FY 2013-14'
'India's jute exports may reach Rs 28bn in FY 2013-14'
04
Jan '14
Exports of jute products from India is expected to reach Rs. 28 billion in value during the 2013-14 fiscal year, owing to the increasing demand for jute from the West, said Beela Rajesh, executive director, Handloom Export Promotion Council of the Ministry of Textiles.
 
Ms. Rajesh who was speaking at speaking at a buyer-seller meet organized by the National Jute Board in association with Federation of Indian Export Organizations, said the global jute import market, which went through a lean period from 2011 to the mid-2012 is picking up again as top markets in the US and Europe restarted buying, reports The Hindu Business Line.
 
Growing acceptance of jute bags as a personal accessory, and shopping bags made of the fibre for its eco-friendly nature, are brightening its prospects in the West, and demand for floor coverings, wall hangings, gunny bags, and gift articles made from jute are also increasing, she added.
 
At the buyer-seller meet, Ms. Rajesh said that jute was originally never used for purposes beyond covering floors, but with treatment and printing is now as good as a fabric.
 
T Ayyapan, market promotion officer, National Jute Board, said that during the meet, manufacturers of jute products from Southern India, displayed products like wall hangings that were treated to soften the texture of the fibre.
 
According to the National Jute Board official, this kind of technique used while manufacturing jute goods would find demand in Western markets.
 
As per the RBI data, during the first half of 2013-14, exports of jute and jute products from the country totaled to US$ 181.8 million (approx. Rs. 11 billion).
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X