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Silk Industry


Silk Industry In India

Introduction
Indian silk industry is one of the largest generators of employment and foreign exchange for the country as sericulture activities spread across 52,360 villages. India enjoys a unique global position in terms of production of all commercially useful varieties of silk. India is the second largest producer of silk. Sericulture provided employment to over 9.1 million people in India during FY19.
Key Markets and Export Destinations
  • Export of silk and silk products from India reached US$ 291.36 million in FY19 and US$ 246.67 million in FY20.
  • The total silk and silk products export accounted for US$ 118.72 million from April 2020 to November 2020 and for November 2020 it was US$ 16.97 million.
  • The silk products exported include natural silk yarns, fabrics, made-ups, readymade garments, silk carpets and silk waste.
  • Readymade garments formed the largest share in export from April 2020 to November 2020 at US$ 50.40 million, followed by fabrics & made ups at US$ 38.56 million and silk carpet at US$ 15.79 million.
  • Fabrics & made ups formed the largest share in export between FY20 at US$ 138.95 million, followed by readymade garments at US$ 71.18 million and silk carpet at US$ 20.3 million. Other products made up for rest of the export earnings.
Indian Silk Promotion Council
The Indian Silk Promotion Council (ISEPC) has initiated programmes for growth and development of the silk industry. ISEPC organises trade shows and fairs across the world to promote trade with different countries. The council also facilitates meetings between exporters and potential customers.
Source:
  • Central Silk Board

 

Source: India Brand Equity Foundation


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