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| Q. |
The main competitor for the Indian jute industry is – |
| A. | China |
| B. | Nepal |
| C. | Bangladesh |
| D. | Japan |
| Answer» C. Bangladesh | |
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Explanation: India, China, and Bangladesh are the three major producers in the cultivation or production of jute fiber. India has taken advantage of recent improvements in the cultivation of jute to become the largest producer or cultivator of jute in the world. Using advanced production techniques, India also has dominance over the worldwide jute products market. In terms of world export of jute fiber, Bangladesh's share is more than 70%, which makes Bangladesh the largest exporter of jute fiber in the world. |
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