Ghanshyam Sarda on Jute Industry Future
India is the biggest producer of Jute in the World. Ghanshyam Sarda is one of the biggest veterans in the Jute industry as he has been one of the most influential businessmen who has inspired a new generation of budding and ambitious entrepreneurs. The jute industry is 150 years old in India and it provides direct jobs to 3.70 lakh workers and living to approx. 40 lakh farm families. The jute industry has been a prominent sector in East India, specifically in West Bengal.
Ghanshyam Sarda is the head of the Sarda Group of Industries which primarily deals in the IT and Jute sectors. At present, he is one the most influential, visionary, and biggest jute manufacturers in India. The Sarda group is the owner of Agarpara and Alwar Jute Mill, Vision Comptech, and Axsys Technologies.
In this blog, we will state the future of the Jute industry predicted by the head of Sarda Group, Mr. Ghanshyam Sarda.
Future of the Jute Industry in India
The future of the Jute industry is promising, and the sector will keep on upgrading and enhancing with time. Ghanshyam Sarda took over the jute business just as it was about to collapse, and with his enthusiasm and determination, he revived the sector. In addition to rebuilding the sector, he worked tirelessly to generate demand, which led to phenomenal growth.
Certain measures are being taken by the authorities to back and boost the entire jute industry. Some of them are as follows:
Increased Demand for Sustainable Material: With increasing awareness of environmental issues, there is a growing demand for sustainable products, including jute bags and other jute-based products. This trend is likely to continue, as consumers become more conscious of the impact of their choices on the environment.
Technological Advancements: The jute industry is adopting new technologies to improve the quality and productivity of jute products. For instance, the use of biotechnology in jute farming could lead to higher yields and better-quality fibers.
Export Potential: India is one of the largest producers of jute in the world, and the industry has significant export potential. With the right marketing strategies and government support, Indian jute products could become more competitive in the global market.
In conclusion, the future of the jute industry in India looks promising, provided that the industry continues to innovate, adapt to changing market demands, and receives adequate government support. So, it won’t be wrong to state that Ghanshyam Sarda has transformed this sector and his experience will help the Jute industry to grow.