Explanation:

• Jute Textile Industry is one of the major Industries in the Eastern India, particularly in West Bengal.  Jute supports around 40 Lakh farm families and provides direct employment to 2.6 Lakh Industrial Workers and 1.4 Lakh in the tertiary sector. 

• Bangladesh is the main competitor for jute industry in India. Bangladesh produces the finest quality natural jute fibre. As such Bangladeshi jute product manufacturer or exporter has an extra advantage in manufacturing top grade jute products by using best quality natural fiber. Hence option 2nd is correct.