Business Standard

A shimmer of hope for the golden fibre as demand for shopping bags rises

A robust export market for shopping bags has emerged, but whether it can help the ailing industry reduce its dependence on heavily regulated government purchases is an open question

Jute
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About 15 jute mills closed operations by the end of January 2022

Ishita Ayan Dutt Kolkata
In the early part of 1800, a 30-acre plot next to Fort Gloster on the banks of river Hooghly in Howrah district of Bengal was the nerve centre of industrial activity; it housed India’s first steam-powered cotton mill, Bowreah Mills, which was set up by a British merchant and went on to become a hub of factories — a rum distillery, foundry, cotton yarn factory, an oil mill and a paper mill, et al. Spearheaded by Dwarkanath Tagore, the industrialist grandfather of Rabindranath Tagore, the commercial complex was possibly the first of its kind in the country.

Close to 200 years

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