ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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JUTE INDUSTRY-Battle of Big Groups


JUTE INDUSTRY Battle of Big Groups NO industry can possibly show Indian capitalism at work better than jute. Down the decades, there has virtually been a one-way traffic: money has flowed from the growers and workers in a linear direction towards the top, towards those holding the purse strings. Now, reminiscent of the scenario held out by the prophets of capitalist doom, the tycoons appear to be fighting it out among themselves. And if the intra-group exchanges continue, they could severely affect the industry's contours, if not its fortune.

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