Project Report For Jute Mill
Introduction
Project report for Jute mill is as follow.
Jute, sometimes known as the “golden fibre,” is a natural fibre. It is one of the cheapest and strongest fibres, and it is recognized as the material of the future. The jute industry plays a vital role in India’s national economy. It is an important industry in the eastern area, especially in West Bengal. Jute, the golden fibre, satisfies all of the criteria for safe packaging since it is a natural, renewable, biodegradable, and environmentally beneficial product. It is estimated that the jute industry employs 0.37 million people directly in organised mills and diversified units such as the tertiary sector and associated businesses and that it supports the livelihoods of about 4.0 million agricultural households. Furthermore, there are a significant number of people involved. in the jute trade.
The state seed organizations of Andhra Pradesh and Maharashtra generate more than 90% of all seeds. Jute has many intrinsic benefits as a natural fibre, including lustre, high tensile strength, low flexibility, moderate heat and fire resistance, and long-staple lengths. It is biodegradable and environmentally sustainable. It has many advantages over synthetics in terms of environmental protection and ecological balance.
Jute is a key textile fibre as well as a feedstock for non-traditional and value-added non-textile goods. Jute is widely used in the production of traditional packaging fabrics such as Hessian, saking, carpet backing, mats, bags, tarpaulins, ropes, and twines. Jute fibres are now utilised in a wide variety of items, including decorative textiles, chic-saris, salwar kamizes, soft luggage, footwear, greeting cards, moulded door panels, and a plethora of other useful consumer products. Today, thanks to various technical advancements, jute may be utilised to substitute pricey fibres and scarce forest resources. The manufacture of diverse jute products, consumer goods, and fashion items, with the goal of establishing a new export market. In collaboration with the Indian Jute Industry, the Indian Jute Industries Research Association (IJIRA) has recently produced Hydrocarbon free jute bags – food-grade jute bags and clothes that meet international standard standards.
Market potential & Strategy
Until 1947, Indian jute mills dominated the worldwide jute market, with 70% of their products finding a place in the global market. It was after the partition in 1947 that nearly all jute producing areas were transferred to East Pakistan (now Bangladesh), leading the Indian jute market to collapse. Simultaneously, major jute-consuming countries shifted to bulk handling techniques and created alternative synthetic packaging materials.
Exports of jute items gradually dropped from 70% to 30%. Despite the limitations, jute products manufacturing increased gradually. In 1947, total jute production was 10 lakhs MT, and in 2003, the amount was 16.2 lakhs MT.
Over the last five decades, the Indian jute sector has grown by 62 per cent. Plastic bags have recently replaced jute bags, and jute was on the point of extinction. In order to revitalise the jute sector, the Government of India established the Mandatory Jute Packaging Act (PJMA) 1987 in 1987, reserving the packaging of traditional commodities such as sugar and food grains with jute material. Currently, PJMA is limited to 100 per cent coverage for sugar and foodgrains, which are the industry’s primary breadwinners. In the face of multiple challenges, this industry is once again on the verge of extinction.
Jute is still the most important cash crop in the agricultural sector. Jute is grown on approximately ten million acres of cultivable land out of a total of five million acres. For our country’s farmers, jute is known as “The Golden Fiber.”Jute farming supports around 30 lac farmers. Every year, raw jute to the tune of 50-60 lac bales is produced. Furthermore, around 10 lac people are employed in the jute commerce and industry. Currently, raw jute and jute products account for around 10% of total foreign profits and 4% of GDP.
Sample Report
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