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For the Manufacturing units, have small capacities and low manufacturing efficiencies, which are a disadvantage in the global market competition. To bring them at par with global counterparts there is a need to facilitate rapid growth and modernization of existing units with potential for success.
For achieving the production capacities envisaged, additional skilled manpower would be needed. Productive and skilled manpower is the only way to achieve global competitiveness
and to derive the full benefit of the demographic and vast advantage that LMC would clearly have over the next decade.
Digital marketing allows reaching our target audience online, in a variety of ways, on a variety of platforms. Digital marketing includes methods like social media marketing, content marketing, SEO, PPC, web design, and more. Therefore, it includes strategies that allow us to target our exact audience online, allowing making more sales, driving more traffic to our website, and increasing revenue year over year.
LMC exports of Jute products have been growing steadily; but they have been limited to only a few markets. The EU and the US remain the major export destinations with little percentage for export market. The product mix would need to be tailor made for each major market and would need to be evolved for individual countries.