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- Jute industry is an important industry for a country like India, because not only does it earn foreign exchange but also provides substantial employment opportunities in agriculture and industrial sectors.
- Its first modernized industrial unit was established at Reshra in West Bengal in 1855. There are at present 73 jute mills in India, out of which West Bengal has 59 mills, Bihar 3 mills, U.P 3 mills, Andhra Pradesh 4 mills and Assam, Tripura, Orissa and M.P one each.
- The jute industry in the country is traditionally export oriented. India ranks No. 1 in raw jute and jute goods production and No. 2 in export of jute goods in the world.