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Question
Mention three problems of the jute textile industry in India.
Solution
Three problems faced by the jute textile industry in India are:
- Competition from the World Market: Jute industry in India is facing stiff competition from countries like Bangladesh, Thailand, Brazil, Egypt etc. who offer jute products at very cheap rates.
- Competition from substitutes: Products made out of synthetic fibres have replaced jute products. For example, hemp and plastics bags have hit the jute industry in India hard.
- Outdated Machinery: Most of the jute industry is equipped with outdated machinery. This not only results in high cost of production but also results in low production.
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Agro Based Industry - Sugar, Textile (Cotton and Silk)
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