Manya Rathore
Research expert covering India
Jute market in India - statistics and facts
The jute industry is one of India's oldest and most prominent industries. The country has been trading this versatile fiber since the early days of the East-India Company in pre-independent India. It still finds its spot as an influential industry in modern-day India and is prevalent in eastern states like West Bengal and Assam. It generates wealth and engages millions of people. In the financial year 2020,鈥jute was responsible for adding more than 37 billion Indian rupees鈥痶o the Indian economy.
