Home / Knowledge / News / Textiles / Silk sector expert derides Jharkhand CM's demand
Silk sector expert derides Jharkhand CM's demand
05
May '11
Stimulated by the significant rise in local silk production figures for last five years, Chief Minister of Jharkhand state - Arjun Munda had recently called on the Union government to review its decision of reducing excise and custom duty on silk imports to 5 percent from 35 percent.

Reacting to this statement of Munda, the Former President - Eastern UP Exporters Association - Mr Narendra Kapoor told fibre2fashion, “The view that, duty relaxation will harm Jharkhand silk sector is baseless as there is no match with quality of Jharkhand silk or Indian silk yarn with Chinese silk yarn.

“India produces about 18,000 metric tons of silk yarn against consumption of 28,000 metric tons. Thus a gap of 10,000 metric tons is filled by Chinese silk yarn which is consumed by the Indian silk industry in Varanasi, Surat, Bangalore, Bhagalpur, etc.

“We as Indians would prefer to use Indian silk if available in adequate quantity and of international quality. The Central Silk Board (CSB) should strive to raise output of quality yarn by using modern techniques and know-how.

“Till then we need Chinese silk yarn to fill the supply-demand gap. We urge the government to also remove the five percent import duty. Due to this reduction of import duty, illegal imports and under invoicing has also stopped”, he concluded by saying.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Giorgio Mantovani
Corman S.p.A

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

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

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 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