Industry groups in India report growing concern after Bangladesh restricted raw jute exports, a move that has affected supply chains linked to more than 100 jute mills and the livelihoods of a large workforce. Analysts say Dhaka’s policy reflects an effort to strengthen its position in the global jute market, while India’s jute sector faces adjustment pressures and Bangladesh’s domestic mills are seeing renewed interest, including foreign-backed investment initiatives. #TradePolicy #JuteIndustry
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Industry groups in India report growing concern after Bangladesh restricted raw jute exports, a move that has affected supply chains linked to more than 100 jute mills and the livelihoods of a large workforce. Analysts say Dhaka’s policy reflects an effort to strengthen its position in the global jute market, while India’s jute sector faces adjustment pressures and Bangladesh’s domestic mills are seeing renewed interest, including foreign-backed investment initiatives. #TradePolicy #JuteIndustry
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