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Q.

Who among the following countries is the biggest competitor of India in terms of jute industry?


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a

Thailand

b

Brazil

c

Philippines

d

Bangladesh 

answer is D.

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Detailed Solution

India, China, and Bangladesh are the 3 major producers in the cultivation or production of jute fibre. Bangladesh leads in jute exports, reaching 229K tonnes, which was near 79 percent of total exports in 2018. It was distantly followed by India (14K tonnes), creating a 4.8 percentage share of total exports. The fact is India is the largest producer of jute; it's facing a big challenge from Bangladesh in the exporting category.
 
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