India’s jute industry set for turnaround as sales volumes seen rising 15%, margins improve: Crisil Ratings

India's jute sector is poised for an impressive recovery this fiscal year, forecasting a remarkable twenty percent rise in domestic demand following earlier downturns. The drop in raw jute prices is expected to elevate profitability and margins across the board. Enhanced export opportunities combined with innovative value-added products further enhance growth prospects. The sector's financial health is anticipated to improve, buoyed by strong cash generation.