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Europe markets high on Indian jute bags
25 Apr '09
1 min read
European countries have imported more than 40 million Indian jute bags in the financial year ended March 2009. This import could increase to over 75 million bags by the year 2011-2012 as awareness against the use of plastic bags is increasing globally, specifically in the European countries.
As an alternative to plastic bags, Indian jute shopping bags have big scope globally, said Sushil Khetan, President of Association of Jute and Handicrafts Entrepreneurs of Eastern India, while speaking at the Indian sourcing Fair.
India's export of carry and shopping jute bags was Rs. 1.2 billion in last financial year. Production of these jute bags has increased to a large extent in the last couple of years due to the entry of big jute mills in manufacturing of jute bags.
Indian entrepreneurs of jute industry really have a great opportunity for them as they don't have any major competition from other countries, not even from Bangladesh, which is the major global producer of jute.
As an alternative to plastic bags, Indian jute shopping bags have big scope globally, said Sushil Khetan, President of Association of Jute and Handicrafts Entrepreneurs of Eastern India, while speaking at the Indian sourcing Fair.
India's export of carry and shopping jute bags was Rs. 1.2 billion in last financial year. Production of these jute bags has increased to a large extent in the last couple of years due to the entry of big jute mills in manufacturing of jute bags.
Indian entrepreneurs of jute industry really have a great opportunity for them as they don't have any major competition from other countries, not even from Bangladesh, which is the major global producer of jute.
Fibre2fashion News Desk - India
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