India Invests Rs 1,000 Cr To Strengthen Silk ProductionIndia Invests Rs 1,000 Cr To Strengthen Silk Production

0
8

India’s Ministry of Textiles has announced an investment of Rs 1,000 crore to strengthen domestic silk production and reduce dependence on imported raw silk, with a target of achieving 44,500 tonnes of raw silk output by FY27.

The initiative is aimed at modernising the country’s sericulture value chain while enhancing export competitiveness and supporting nearly 10 million farmers, reelers and weavers engaged in the sector.

The government’s plan focuses on strengthening the entire silk ecosystem, covering silkworm seed production, cocoon development, reeling, processing and branding, with an emphasis on improving efficiency, quality and traceability across the value chain.

The move is part of a broader strategy to make India self-reliant in raw silk production and position the country as a stronger player in the global silk market.

Karnataka continues to lead the country’s silk production, playing a critical role in India’s overall output.

India’s silk exports have recorded significant momentum, rising 34 per cent since FY2022, while imports have declined, reflecting growing domestic production capacity and improving industry resilience.

The Ministry sees the sector as a key driver of rural employment generation and economic development, particularly across sericulture clusters where silk production supports livelihoods at multiple levels.

With rising global demand for high-quality silk and value-added textile products, the government aims to enhance India’s competitiveness against leading silk-producing nations such as China.

The investment is expected to accelerate technology adoption, strengthen supply chains and create new growth opportunities for India’s silk industry as it moves toward greater self-sufficiency and expanded export potential.

Αναζήτηση
Κατηγορίες
Διαβάζω περισσότερα
Fashion Media & Publications
Textile Ministry Formulates Time-bound Action Plan To Implement Schemes Announced In The Budget
The Union Ministry of Textiles has come-up with a comprehensive time-bound action plan to...
από Textile Insights 2026-04-10 07:29:15 0 159
Fashion Media & Publications
India promotes Kasturi cotton among mills to improve brand value
Siddhartha Rajagopal, Executive Director of the Cotton Textiles Export Promotion Council...
από Apparel Resources 2026-03-23 10:33:45 0 298
Fashion Media & Publications
Textiles Ministry Sets Up Monitoring Cell to Ensure Supply Stability Amid West Asia Crisis
The Textiles Ministry has set up a monitoring cell to coordinate with Export Promotion Councils,...
από Apparel Resources 2026-04-30 11:22:14 0 268
Fashion Media & Publications
Strong growth in readymade garment exports in May
The cumulative RMG exports for April–May 2025–26 stood at $3 billion, a 13 per cent...
από The Hindu Businessline 2026-03-23 07:26:08 0 212
Fashion Media & Publications
Swadeshi 2.0 India is no longer just a market, its a maker
Synopsis India is in the middle of a Swadeshi 2.0 moment. Trade tensions abroad and a booming...
από The Economic Times 2026-03-26 10:16:30 0 87