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

0
586

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.

Search
Categories
Read More
Fashion Media & Publications
Government Reviewing 11% Duty on Raw Cotton Imports
Textile industry seeks removal of levy amid supply-demand gap concerns The government is in an...
By Textile Value Chain 2026-05-25 11:36:29 0 575
Fashion Media & Publications
India Can Unlock US$ 9.4 Billion From Textile Waste: FICCI–RECEIC Report
India has the potential to unlock nearly US$ 9.4 billion (Rs 78,500 crore) annually from textile...
By Textile Insights 2026-04-23 06:15:45 0 791
Fashion Media & Publications
Fashion Industry Faces Shift Toward Non-Luxury Growth
A recent study conducted by industry solutions provider Lectra reveals that non-luxury brands are...
By Global Textile Times 2026-03-25 10:46:36 0 1K
Fashion Media & Publications
Tiruppur in trouble What is ailing this Rs 70,000-crore textile cluster from scaling up
Synopsis Despite churning out impressive trade numbers, Tiruppur is plagued by various problems...
By The Economic Times 2026-03-24 10:31:18 0 597
Fashion Media & Publications
India Launches Anti-Dumping Probe Against Chinese Polyester Textured Yarn Imports
Domestic manufacturers allege steep price undercutting; Reliance and Wellknown Polyester lead...
By Textile Insights 2026-03-31 06:59:04 0 642