Home / Knowledge / News / Textiles / Jiaxin Silk in JV for mulberry plantations
Jiaxin Silk in JV for mulberry plantations
Jul '11
China-based Zhejiang Jiaxin Silk Corporation has signed a Joint Venture contract with Tongxin New Era Gardening and will be investing 300 million Yuan in mulberry plantations.

Jiaxin New Era Sapling, the new JV, will be engaged in business in mulberry plantations, which will include buying and sale of trees, creating a market for mulberry saplings, and other related leasing services.

Jiaxin Silk will have a 70 percent share in the JV, which will have a registered capital of 150 million Yuan.

Since mulberry leaves are the common feed of silkworms, the new entity will provide them to Jiaxin Silk's cocoon bases in Guangxi and Yunnan provinces. This will, in turn, increase the raw material supply to the company.

Normally, silkworm cocoon harvesters do not remain occupied throughout the year since cocoons are collected around four times a year. However, the new JV will be able to overcome this problem and improve its labour efficiency by asking its employees to do other work like buying mulberry samplings, during the non-harvesting period.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search