Related Keywords: 000 tonnes, annual capacity of producing 50, conducive land, easy availability of fibre, Gloster Ltd, investing Rs500 crore, jute products manufacturer, jute textiles and products, Kolkata based jute bags, labour policy, raw jute, robust demand from international market, set up manufacturing unit in Bangladesh, two business units in West Bengal
Gloster Ltd, a Kolkata-based jute bags and jute products manufacturer who has two business units in West Bengal with an annual capacity of producing 50,000 tonnes of jute textiles and products is looking to set up a manufacturing unit in Bangladesh investing around Rs500 crore.
Some of the key reasons for the company looking at setting up its manufacturing unit in Bangladesh are the easy availability of the fibre – raw jute – and a ‘conducive’ land and labour policy.
