Home / Knowledge / News / Textiles / Jharkhand govt to set up Silk Park to boost exports
Jharkhand govt to set up Silk Park to boost exports
20
Apr '12
The government of central Indian state of Jharkhand, a leading silk producer in the country, is planning to establish a Silk Park to encourage sericulture activity, and thereby to boost silk exports from the state.

Mr. Dhirendra Kumar, Managing Director of Jharkhand Silk Textile & Handicraft Development Corporation Ltd. (Jharcraft), told fibre2fashion, “The idea of Silk Park is to integrate all the sericulture activities at one place. Our first Silk Park will come up on a 6 acre land in Seraikella-Kharsawan district, where we will have facility for the whole value chain including production of cocoons, rearing & spinning of yarn, design & development, dyeing, finishing, R&D, marketing, etc.”

“One main reason for setting up the Silk Park is to better cater to the export market, as we are receiving orders from several countries. Integrating all the activities at one place will enable us to control the quality and will also save time. So, we will be in a better position to meet the demand of the international market. Currently, the US, UK, Germany, France, Turkey, Japan, Australia, Sweden, and Switzerland are our main export destinations,” he informs.

Elaborating further about the Silk Park project, he says, “The investment in the first phase is about Rs. 200 million. It will be a joint venture of Jharcraft and a private entrepreneur from Maharashtra, with whom discussions are currently going on. Our share will be in the form of technical support and land, while the private entrepreneur would contribute capital. We may also seek loans from banks.”

“The Silk Park will benefit around 10,000 people who will get self-employment opportunity. Simultaneously, skill development programmes for reelers is going on in association with the Central Silk Board (CSB). Training is also being imparted to weavers on design and development,” he avers.

Briefing about silk production targets, he says, “In 2011-12, we produced 1025 tons of silk, which is more than our planned target of 900 tons. During the next five-year period, we are planning to increase silk production to 8,000 tons.”

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search