Jute industry faces challenge from imports
10 years, 6 months ago

Jute industry faces challenge from imports

The Hindu  

Jute industry in the North Andhra region is mired in crisis, as factories are facing a major challenge from Bangladesh, which exports raw and finished products to India at cheaper prices. Recently, Swarnandhra Jute Mill of Pydibhimavaram, DJR Jute Mills of Lolugu, SKSN Jute Mills Private Limited of Regidi Amdalavalasa and Navya Jute Twine Mills Private Limited of Bobbili stopped operations. Neelam Jute Mills Private Limited, Srikakulam and Rajam Poly Packs Private Limited brought down production of twine and yarn drastically to minimise losses. Venkataraju and secretary Krishnakant Agarwal urged the government to impose anti-dumping duty on jute exported by Bangladesh to protect the industry in Andhra Pradesh and other States.

Industry Bangladesh Jute Industry Jute Twine  challenge  jute  twine  andhra  mills  products  private  imports  faces  production  limited  industry  bangladesh

History of this topic

Cabinet hikes raw jute MSP by 6 per cent to Rs 5,650 per quintal; reviews NHM outcomes
2 months ago

Cabinet hikes raw jute MSP by 6 per cent to Rs 5,650 per quintal; reviews NHM outcomes

New Indian Express  

NEW DELHI: The Union Cabinet on Wednesday decided to hike the Minimum Support Price for raw jute by 6 per cent to Rs 5,650 per quintal for the 2025-26 marketing season. Briefing the media after the Union Cabinet meeting, chaired by Prime Minister Narendra Modi, Commerce & Industry Minister Piyush Goyal said the new MSP for jute ensures a return …

India to review duties to curb subsidized jute imports from Bangladesh
11 months, 3 weeks ago

India to review duties to curb subsidized jute imports from Bangladesh

Live Mint  

New Delhi: India is considering tightening its duties on jute and jute products to check imports of cheap, subsidized goods from Bangladesh that are undermining local manufacturers, a senior official said. India started investigating imports of Bangladeshi jute goods towards the end of last year, to look at imposing countervailing duty, which came up in a petition to the government …

An industry barely hanging by a thread
2 years, 10 months ago

An industry barely hanging by a thread

The Hindu  

On Eid, after a brief spell of rain, the crowd that had assembled outside the Ishaque Sardar Masjid in Kankinara Nayabazar area in the morning hurriedly dispersed. It was on the morning of January 27, 2022 that Wahid, Mohammad, Ejaz and nearly 5,000 workers went to Reliance Jute Mill to find a notice hanging on the gate announcing temporary suspension …

The recent woes of the jute industry in West Bengal
2 years, 10 months ago

The recent woes of the jute industry in West Bengal

The Hindu  

The story so far: Member of Parliament from Barrackpore constituency in West Bengal, Arjun Singh, met Textile Minister Piyush Goyal on Saturday to apprise him about issues concerning jute farmers, workers and the overall jute industry. The Barrackpore MP had earlier written to West Bengal Chief Minister Mamata Banerjee, seeking her intervention into the “arbitrary decision” of capping the price …

Centre Rejects Mills' Plea to Import Raw Jute from Bangladesh
4 years, 5 months ago

Centre Rejects Mills' Plea to Import Raw Jute from Bangladesh

News 18  

Kolkata: The Centre has turned down mills' plea to import raw jute from Bangaldesh, contending that there is enough stock for the next few months. Mill owners are witnessing extremely high demand for jute bags this year, owing to large orders from Food Corporation of India and the West Bengal government. "Considering the monthly consumption of raw jute which has …

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