India’s jute industry sales volumes expected to rise 15%

The Economic Times, citing Crisil Ratings, reports an expected turnaround for the sector, with lower raw jute prices projected to improve profitability and margins.

2 Sources, 30d ago, first seen 30d ago

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India’s jute industry could see sales volumes rise 15%, The Economic Times reports, citing Crisil Ratings. The report also forecasts a 20% increase in domestic demand and says lower raw jute prices are expected to improve profitability and margins. It points to export opportunities and value-added products as further growth prospects.

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