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

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Kevin Nelson
TissueGen

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search