Sindri is a neighbourhood in Dhanbad in Dhanbad Sadar subdivision of Dhanbad district in Jharkhand state, India.
Bhatpara is a city and a municipality of North 24 Parganas district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA).
The jute trade is centered mainly around India's West Bengal and Assam, and Bangladesh. The major producing country of jute is India and biggest exporter being Bangladesh, due to their natural fertile soil. Production of jute by India and Bangladesh are respectively 1.968 million ton and 1.349 million metric ton. Bengal jute was exported to South East Asia from the 17th century by the Dutch, French and later by other Europeans.
Katihar district is one of the thirty-eight districts of Bihar state in India, and Katihar city is the administrative headquarters of this district. The district is a part of Purnia Division. It is prominently known for its Katihar Junction Railway Station, which is a Category A station on the Barauni–Guwahati line. It has been included in the Aspirational Districts Program of the Government of India since 2018, to improve its socio-economic indicators.
Khardaha is a city and a municipality of North 24 Parganas district in the Indian state of West Bengal. It is near Kolkata and also a part of the area covered by Kolkata Metropolitan Development Authority (KMDA).
Naihati is a city and a municipality of North 24 Parganas district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA).
Adamjee Jute Mill was a jute mill in Bangladesh. It was established in Narayanganj in 1950 by the Adamjee Group. It was the first jute mill in East Pakistan. Gradually, the mill became the largest jute mill in the world, exceeding the jute mills of Calcutta, India, and Dundee, Scotland. The mills were nationalised after the independence of Bangladesh in 1972. It was operated by the Bangladesh Jute Mills Corporation before being closed down in 2002.
Champdani is a city and a municipality of Hooghly district in the Indian state of West Bengal. It is under Bhadreswar police station in Chandannagore subdivision. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA). This town is famous for six factories, viz.the GIS Cotton Mill, Dalhousie Jute Mill, North Brook jute Mill, Angus jute Mill, Champdany Garbage Refinary Ltd,Lagan engineering, and Braithwate Ltd.
Titagarh is a city and a municipality of North 24 Parganas district in the Indian state of West Bengal. It is close to Kolkata and also a part of the area covered by Kolkata Metropolitan Development Authority (KMDA).
The Ministry of Textiles is an Indian government national agency responsible for the formulation of policy, planning, development, export promotion and regulation of the textile industry in India. This includes all natural, artificial, and cellulosic fibers that go into the making of textiles, clothing and Handicrafts.
Birds Jute and Export Limited (BJEL) is a wholly owned subsidiary of the National Jute Manufactures Corporation Limited, Ministry of Textiles, Government of India. It is headquartered in Kolkata, West Bengal.
Tingachhia is a small locality in the township of Katihar in Bihar, India.
Chandannagore subdivision is an administrative subdivision of the Hooghly district in the state of West Bengal, India.
Adamjee Group of Companies is a conglomerate company based primarily in Karachi, Pakistan. The group was headed by Sir Adamjee Haji Dawood.
National Textile Corporation is a central public sector undertaking under the ownership of Ministry of Textiles, Government of India It owns 23 working textile mills which produce yarn and fabric. The company was incorporated in April 1968.
The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million people in the country. India is the world's second largest exporter of textiles and clothing, and in the fiscal year 2022, the exports stood at US$ 44.4 billion. According to the Ministry of Textiles, the share of textiles in total exports during April–July 2010 was 11.04%. During 2009–2010, the Indian textile industry was pegged at US$55 billion, 64% of which services domestic demand. In 2010, there were 2,500 textile weaving factories and 4,135 textile finishing factories in all of India. According to AT Kearney’s ‘Retail Apparel Index’, India was ranked as the fourth most promising market for apparel retailers in 2009.
The Board for Industrial and Financial Reconstruction (BIFR) was a development finance institution under the ownership of Ministry of Finance, Government of India, part of the Department of Financial Services of the Ministry of Finance. Set up in January 1987 by the Rajiv Gandhi government, its objective was to determine sickness of industrial companies and to assist in reviving those that may be viable and shutting down the others. On 1 December 2016, the Narendra Modi government dissolved BIFR and referred all proceedings to the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) as per provisions of Insolvency and Bankruptcy Code.
The Jute Corporation of India Limited (JCI) is central public sector undertaking under the ownership of Ministry of Textiles, Government of India. It is incorporated by the Government Of India in 1971 as a price support agency with a clear mandate for the procurement of raw jute / mesta without any quantitative limit from the growers at the minimum Support price (MSP) declared in each year by the Government Of India based on the recommendations made by Commission for Agricultural Cost & Prices (CACP). This protects the jute growers from exploitations in the hands of the middle men. The basic objective is not profit making but a social cause to protect the interest of about 4.00 million families engaged in farming of jute, most of whom are small / marginal farmers. Therefore, the presence of JCI in the market provide stability in the raw jute prices.
Srirampore subdivision is an administrative subdivision of the Hooghly district in the state of West Bengal, India.
The jute industry is a historically and culturally important industry in Bangladesh. Once one of the country's biggest industries and major export items, the jute industry has declined since the 1970s. Exports have fallen as other countries grow jute and other products like plastics and hemp find more widespread use. As of 2018, Bangladesh produces 33 percent of the total worldwide production of jute.
₹600.00 crore (US$75 million) [1]