27th November, 2002
Ministry of Textiles  


FIFTY PER CENT GROWTH IN JUTE EXPORT


RAJYA SABHA

There has been an increase in export of jute goods by 50 per cent in value terms during the first six months of the current financial year (April – September 2002) as compared to the same period last year. There was a decline in the export of jute goods in 2001-02 in comparison to the exports during 2000-01 due to several factors like general economic recession.

The Jute Manufactures Development Council (JMDC) proposes to evolve an export strategy for improving jute product exports. The Tata Economic Consultancy Services (TECS) has been assigned by JMDC to undertake a study on Export Promotion Strategy in respect of selected jute products. The salient features of the study include identification of thrust products and most promising markets, impact of various ecological issues on export prospects, formulation of strategic marketing plan, etc.

This information was given by the Minister of State for Textiles, Shri Basanagouda R. Patil in reply to a question by Shri S. Rama Muni Reddy in the Rajya Sabha today.

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