Home / Knowledge / News / Textiles / Jute sector hits a new high & gets its sheen back
Jute sector hits a new high & gets its sheen back
Aug '08
The year 2007-08 has been a boon for the jute sector of India as the demand for raw material has witnessed an all time high in past six years. The reasons for this increase are the establishment of nearly 30 medium sized enterprises in Andhra Pradesh and Bengal as well as end of a three month long strike that had taken place from January 5 to March 8 2007.

The jute sector has hit a record high in the production of various goods and touched a mark of 1.77 million tons in 2007-08. The coming up of these new mills, majority of which are based in Andhra Pradesh has played a vital role in achieving this goal. A hike of almost 15 to 17 percent in the output of goods was marked by these enterprises during this period.

After the strike was over, the domestic market experienced a rise of approximately 60 percent in demand, and in order to meet targets and earn maximum profits, the workers doubled the pace of production.

Experts believe that, if the rising trend continues, the day is not far behind when India can leave behind major players like Bangladesh, Pakistan and Nepal who are going through rough phase due to reasons like high labour cost, decreased profit margins and unavailability of raw material.

There are nearly 73 big jute enterprises in India right now that are supported by almost 30 medium sized mills, with daily average production reaching around 40 tons. On the other hand the output of big mills comes around 80 to 90 tons per day.

During the year 2007-08 the dispatch of jute products for domestic consumption was the highest and reached 1.54 million tons and shipment to foreign countries was roughly 207,000 tons.

Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

May 2018

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

news category

Related Categories:

Advanced Search