Home / Knowledge / News / Textiles / Continue 30% duty on Chinese silk import – Former CM
Continue 30% duty on Chinese silk import – Former CM
Aug '11
Former Karnataka Chief Minister M Veerappa Moily has written to the Union Finance Minister Pranab Mukherjee and the Minister for Commerce, Industry and Textiles, Anand Sharma, asking them to reconsider the decision to reduce the duty on import of Chinese silk from 30 percent to 10 percent.

Mr. Moily, who is also the Union Corporate Affairs Minister, said the sericulture farmers of the four southern States of Andhra Pradesh, Karnataka, Kerala, and Tamil Nadu are unhappy with the Centre's move, as they feel it will drastically reduce the price of raw silk and cocoons.

He said that silk growers and reelers feel that heavy imports of Chinese silk at reduced import duty would pose a tough competition to local silk industry, leading to its collapse, as sericulture would no longer remain remunerative.

He added that the sericulture farmers have been able to survive so far in spite of price volatility and other issues. However, the domestic silk industry may not be able to withstand the competition from low-priced Chinese silk. Hence, he stated that the duty of 30 percent on imported Chinese silk should continue.

Nearly 70 percent of the silk produced in India is from Karnataka, and 60 percent of this is produced in Chickaballapur constituency from where Mr. Moily was elected as MP in 2009.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Binoy Ravjani
Hero's Fashion

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

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search