Home / Knowledge / News / Textiles / Duty relaxation to harm Jharkhand silk sector - CM
Duty relaxation to harm Jharkhand silk sector - CM
Apr '11
The Union government in the recent general budget has announced a reduction in excise and custom duty on silk imports to five percent from 35 percent.

However, stimulated by the significant rise in local silk production figures for last five years, Jharkhand Chief Minister Arjun Munda has called on the Union government to review its decision.

Munda underlined the fact that, over the last five years, the state's raw silk production has gone up to 716 metric tons from 40 metric tons in 2005. Now, if low-priced imports are allowed, it would not be long before that, China would procure raw silk from India, and India would be left with no other option but to buy back finished silk from China by paying a higher price, he added.

Munda, while inaugurating a seminar of silk scientists on April 26 stressed on the need to induce increasing number of people to join the industry. Above 200 scientists from all across the country participated in the two-day seminar to discuss several issues like boosting production and quality of forest silk, and those related to its processing and marketing, so as to cash in on the ever rising demand for the commodity.

B C Prasad, Director of the Central Tasar Research Institute stated that, as against present annual production of 1,050 metric tons, scientists are eyeing an annual production of 5,000 metric tons of raw silk during the 12th five year plan. He further stated that, Jharkhand, with its state-of-the-art processing techniques developed for processing four wild varieties of silk – Tasar, Oak, Moonga and Erri, could greatly contribute to this production target.

Further, Munda while stating the silk industry to be a labour intensive cottage industry, said that in order to boost silk production in coming years, increasing number of women can be provided training and induced to engage in silk rearing and production.

He said that, they now even intend to start dyeing process, which would facilitate production of finished silk within the state itself. Also he said that, with this local brand, they mean to compete with silk from Varanasi and Bhagalpur.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

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

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Studio Priyanka Rajiv

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

Kevin Nelson

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

Silke Brand-Kirsch
Schlegel und Partner

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sonam & Paras Modi

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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