Home / Knowledge / News / Textiles / Silk exports to touch Rs 30 billion in 2010-11
Silk exports to touch Rs 30 billion in 2010-11
30
Dec '10
The overall silk exports for the current financial year are expected to reach Rs 30 billion, J Sampath of the Central Silk Board recently said, while speaking at the opening ceremony of the 12th Silk Mark Expo in Chennai on December 24. He further said that though it is not a significant growth from Rs 26 billion worth of exports during the last fiscal, but the Board is expecting a better year ahead for the industry.

He revealed that the silk weavers are drawing better returns for their produce this year, as they are drawing a price of about 2,500-2,800 per kg.

In the meantime, a rise has also been witnessed in the exports to the European markets, which is for the first time after the global economic slump. Last year, where EU constituted around 35 percent of the country's overall silk exports, this year the figure has gone up to 40 percent.

Silk Mark, a label certifying the authenticity and quality of the silk used in a product was also launched at the exposition. This certification label is attached to the products along with the price tag.

It quite resembles the gold hallmark that certifies the purity of the gold and helps people to keep away from being cheated. The Silk Mark Organisation of India, a subsidiary of the Central Silk Board would be supervising the certification task for silk.

The organization has already registered around 1,500 authorised users who by now have sold more than 10 million silk items bearing this label.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Mar 2017

European & Asian apparel brands open EBO's in South Korea

Following the success of Japanese brand Uniqlo in the South Korean...

Apparel/Garments | On 23rd Mar 2017

Destination XL reports turnaround in Q4FY17 net income

For the three months ended January 28, 2017, omni channel retailer of ...

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Binoy Ravjani
Hero's Fashion

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

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

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

Mohammad Hassan
Biax Fiberfilm

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sonam & Paras Modi
SVA

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

news category


Related Categories:
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