Home / Knowledge / News / Textiles / Govt turns defiant towards jute millers
Govt turns defiant towards jute millers
01
Feb '08
The Central Government is on the verge of closing its purchase of jute bags for its rabi foodgrain packaging by this March. As a consequence, local jute producers will be compelled to check their total production, keeping in mind the aggregate demand from the market.

However, the chances are more towards reduced number of working shifts, fewer working days in a week and frequent closures. Waning demand from private industry users and commodity sector can be largely accused for this changing trend.

The jute industry in India heavily depends on large scale departmental buying of jute bags during the rabi season and for the packaging of imported wheat as well. On the contrary, export of jute products have nearly stagnated between 2-3 lakh tons valued at Rs1,000-1,200 crore.

Bangladesh being a rival country is currently facing a terrible setback in its jute industry. Under the circumstances, India could have made the most of the opportunity to boost its own jute sector. However, owing to shipments of substandard jute products and global shift to cheaper poly packs, local producers failed to meet their targets.

Besides, frequent labor unrest, unreliable supply line and strict quality control from the recipient countries are some other factors affecting export performance of the jute industry.

Experts are of the opinion that the supplying jute mills could have performed better if there were adequate rail wagons for trouble-free transportation and timely dispatches to destinations.


Must ReadView All

Indian investors interested in denim production in Vietnam

Textiles | On 16th Aug 2018

Indian investors interested in denim production in Vietnam

Indian fabric firms are shifting attention from China to Vietnam,...

Pak ministry invests in training textile sector workers

Textiles | On 16th Aug 2018

Pak ministry invests in training textile sector workers

Pakistan’s ministry of commerce and textile industry is offering...

India's textiles, apparel exports fall by ₹8000 cr: Govt

Apparel/Garments | On 16th Aug 2018

India's textiles, apparel exports fall by ₹8000 cr: Govt

India’s textiles and apparel exports dropped by nearly ₹8,000 crore...

Interviews View All

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Siddhachakra Weaving (Badiya Fashion)

Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...

Silke Brand-Kirsch
Schlegel und Partner

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

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search