The jute manufacturing sector had its ups & downs. However due to its environmental friendly nature & versatility in usage jute industry has made an excellent comeback. Speaking of versatility of usage, Geo-jute is the future for jute industry. Geo-textiles are being used in the construction of roads, strengthening of river banks and to check landslides. As the government starts road construction using this item, the dependency on jute sacking is gradually disappearing.
Online trading in jute is another great way for the revival of the jute industry. In fact, the entire jute trading should be made online to ensure transparency. But, many of our industry players still prefer the traditional way of trading. The East India Jute & Hessian Exchange is increasing its efforts to create an online trading system.
Export of jute goods is definitely looking up as against earlier stagnant position. This was primarily due to the introduction of Duty Entitlement Pass Book on exports. The governments scheme of export market assistance (EMA) also has played a crucial role in increasing exports. Sara International, one of the eminent jute bags manufacturers & jute bags suppliers has taken the opportunity with online trading & now ranks among the top jute bags exporters. As a jute bag company, they have also been manufacturing & exporting promotional jute bags.
Jute is making a big comeback
There has been no large scale technological breakthrough in the jute manufacturing process in the last four decades. However, since all kinds of jute goods are coming back in use in a big way, jute is now definitely a promising sector where raw materials are available naturally and can therefore be reused provided proper developments are being carried out. In terms of marketing, jute products are gradually becoming consumer friendly with respect to prices.
Nearly 70 per cent of the jute goods production is sold for packing vegetables, sugar and food grains. The rest goes for other uses like jute bags manufacturing and exports. Over the years though there has been large scale diversification of its use into environmental shopping bags, geo-jute and other products with decentralised units coming up in a lot of places. With this the jute industry’s dependence on the food grains packaging sector is gradually decreasing.