Magazine
As consumers become more aware of the negative effect that plastic bags have on the environment, they are increasingly opting for environmentally friendly and biodegradable jute bags. This is one of the key factors driving up the price of jute bags all around the world. In addition, authorities around the globe are enforcing stringent rules, such as a ban on single-use plastic bags. To capitalize on these possible growth opportunities, market participants in the jute bag business are extending their client bases and growing their bottom lines.
In addition, major players in the Jute Bags and Jute Yarn markets are concentrating on growing their sales by selling innovative jute bags through online organized retail channels that enable easy access and a broad selection of things with doorstep delivery. This is predicted to have a positive effect on the market in the future.
A well-known business that has been driving India's jute bag and yarn industry since 1993 is Yucon Exports, which was founded by Late Shri P.D. Jalan. Yucon Exports sells and imports 100 percent authentic Jute Bags and Jute yarn to various nations across the globe, in addition to selling jute products in various Indian states. After evaluating the company's development and its contribution to India's jute sector, the government of India recognized Yucon Export as a ‘ONE STAR EXPORT HOUSE’. Furthermore, the founder of Yucon Exports, the late Shri Purushottam Das Jalan,had extensive experience
working with several of India's most renowned jute mills and oversaw their export operations.
With more than 30 countries visited during his time in service, he was well connected with foreign customers, which motivated him to start up his own Export company.
At this point, Rishi Jalan serves as the firm's Director and has been instrumental in helping the company establish a strong dominance in the market since 1995. New-age leaders like Rishi exemplify the ethos of contemporary, evolved, and socially-conscious private enterprise.
Pioneer of the Indian Jute Industry
In the jute industry, Yucon Exports has been importing and exporting jute for over 20 years and has a wide variety of jute products to choose from, including Jute Sacking bags and jute cloths. The company's strengths position is distinct from the competition and allows the team to anticipate the demand trends and make choices appropriately. Director of Yucon Exports, Rishi Jalan explains further, "For us to provide the best possible service to our clients, we must keep an eye on the shifting market trends. In addition, we've established a solid foothold in the jute industry because of our forward-thinking ideas and dedicated employees. We deliver all of our shipments directly to the homes of our customers using the most up-to-date packing methods. As it is important to us that we satisfy our customers' expectations on time".
After evaluating the company's development and its contribution to India's jute sector, the government of India recognized Yucon Export as a ‘ONE STAR EXPORT HOUSE’
Yucon Exports imports Jute sacking bags, Hessian fabric, and Jute Yarn from Bangladesh, which is the world's biggest supplier of Jute materials and is generally regarded for its exceptional quality. Imports of Bangladeshi jute goods are exempt from tariffs under SAFTA (South Asian Free Trade Area), making them both competitively priced and of higher quality. Yucon Exports has pursued this importing strategy because many Indian customers, like chicken feeders, cow feeders, rice millers, and numerous packagers of various food grains, choose Bangladesh jute bags.
Furthermore, when it comes to the jute products manufactured by Yucon Exports. “Hessian fabric, Jute yarn, Hessian bags, and Jute geotextiles are just a few of the products this firm exports to other countries. In addition, Yucon Exports is now working with a strong customer base in Iran, the United States, Germany, Thailand, Egypt, Turkey, and many other nations. This has resulted in Yucon Exports' rapid rise as one of the most important exporters of jute products in the world”, concludes Rishi.
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