The jute industry in India suffered after the British left mainly due to a combination of factors, including changes in market dynamics, technological advancements, and policy decisions. Here are some key reasons: Loss of Market Access: After India gained independence from British rule in 1947, it lost the preferential access to British markets that had been a significant advantage for the jute industry during the colonial period. The end of colonial trade arrangements meant that Indian jute producers faced stiffer competition in international markets. Shift in Consumer Preferences: With the end of colonialism and the emergence of new consumer markets, there was a shift in global consumer preferences away from traditional jute products towards synthetic fibers such as nylon and polyester. These synthetic fibers offered advantages such as durability, versatility, and lower costs, posing a challenge to the demand for jute products. Technological Stagnation: The jute industry in Ind...
Compendium on Work, Health , Learning , Social and Spiritual Aspects of Leading a Complete Life