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.

Поиск
Категории
Больше
Fashion Media & Publications
Major Amendments to PLI Scheme, A Big Boost for MMF and Technical Textile Sectors
In a move set to energize India’s textile manufacturing landscape, the Ministry of Textiles...
От The Textile Magazine 2026-03-27 10:04:56 0 246
Fashion Media & Publications
India spins a new chapter in textiles with duty relief and smart machines
The strategic outlook is constructive. Duty relief has lowered the cost floor. Smart machinery is...
От The Indian Textile Journal 2026-03-28 05:01:32 0 627
Fashion Media & Publications
Textile Exchange to improve recycled materials traceability in supply chains
Global non-profit Textile Exchange has revised its Reclaimed Materials Declaration Form (RMDF) to...
От Just style 2026-03-26 05:19:08 0 400
Fashion Media & Publications
Tirupur Hit by Sharp Yarn Price Surge
The knitwear hub of India, Tirupur, is battling the constant rise in yarn prices. The prices...
От Apparel Resources 2026-05-06 06:59:51 0 172
Fashion Media & Publications
West Asia Conflict Drives Input Cost Surge for Gujarat’s Textile and Chemical Industries
Industrial units in Gujarat’s key textile and chemical clusters are facing rising...
От Apparel Resources 2026-03-23 07:18:41 0 373