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VERIFIEDET Finance·positive
India’s jute industry set for turnaround as sales volumes seen rising 15%, margins improve: Crisil Ratings
AI Summary
- ·India's jute sector is expected to see a twenty percent rise in domestic demand this fiscal year.
- ·A drop in raw jute prices is anticipated to improve profitability and margins for the sector.
- ·Enhanced export opportunities and value-added products are expected to boost growth prospects.