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The jute trade is centered mainly around India's West Bengal and Assam, and Bangladesh. The major producing country of jute is India [1] and biggest exporter is Bangladesh, due to their natural fertile soil [citation needed]. Production of jute by India and Bangladesh are respectively 1.968 million ton and 1.349 million metric ton. [2]
The industry boomed throughout the eighteenth and nineteenth centuries ("jute weaver" was a recognized trade occupation in the 1901 UK census), but this trade largely ceased by about 1970, being substituted for by synthetic fibres. In the 21st century, jute has become a large export again, mainly in Bangladesh.
Jute was a good alternative, as it was relatively cheaper and could be sourced from a British colony. [3] In 1873, the British Raj formed a commission led by H.C. Kerr to investigate the jute industry and jute cultivation in Bangladesh. They published a "Report on the Cultivation of, and Trade in, Jute in Bengal" in 1877.
Jardine Skinner was the fourth largest jute mills operator in 1910-11 after Bird and Company, Thomas Duff and Company and Andrew Yule. [23] The jute trade suffered at times from oversupply. Jardine Skinner was among the major Calcutta firms whose representatives met in London on 10 October 1911 to discuss setting up a cartel to regulate the ...
It became a center of trade in jute, timber, salt, textiles, oil, cotton, tobacco, pottery, seeds and betel nut. The British government declared it as a "Tax Free Port" in 1879. [citation needed] Rally Brothers & Co. was the first company to begin the jute business in the port of Narayanganj.
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Jute industry trade unions (1 C, 10 P) Jute mills (10 P) Pages in category "Jute industry" The following 6 pages are in this category, out of 6 total.
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