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Production Of Jute Fabric And Gunny Bags | |
| Jute is a natural fibre obtained from the bark of the white jute plant or the tossa jute plant. It is also known as the golden fibre owing to its golden and silky shine, and is extensively used in the manufacturing of packaging products and textiles. As a packaging material, jute offers advantages such as good insulation, low thermal conductivity and moderate moisture retention. On account of this, jute bags are used as packaging material for bulk goods as well as shopping and gift bags. Jute is a vegetable fibre. It is very cheap to produce, and its production levels are similar to that of cotton. It is a bast fibre, like hemp, and flax. Coarse fabrics made of jute are called hessian, or burlap in America. Like all natural fibres, Jute is biodegradable."Jute" is the name of the plant or fiber that is used to make burlap, Hessian or gunny cloth. It is very rough and is very difficult to cut or tear. The global jute bag industry is currently at a nascent stage with encouraging growth aspects. The demand for jute bags has witnessed a surge over the past few years, particularly in the European Union. This can be attributed to the growing environment consciousness in the region. The imports of jute bags in non-producing countries have also been facilitated by the ban on plastic packaging materials and bags. Additionally, the benefits offered by jute bags such as their biodegradability, durability, low cost, high strength, etc. have further supported the market growth. According to the report, the market is projected to reach a value of US$ 3.1 Billion by 2024. Few Indian major players are as under A I Champdany Inds. Ltd. Ashim Kar & Inds. Pvt. Ltd. Auckland International Ltd. Bally Jute Co. Ltd. Caledonian Jute & Inds. Ltd. | |
| Plant capacity: Jute Sacks (0.6 Kg each):100,000,000 Nos. / annum | Plant & machinery: Rs 1485 lakhs |
| Working capital: - | T.C.I: Cost of Project :Rs 5168 lakhs |
| Return: 28.00% | Break even: 50.00% |
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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- T.C.I is Total Capital Investment
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