>>
Home / Knowledge / News / Textiles / Indian silk faces threat of losing market share in global arena

Indian silk faces threat of losing market share in global arena

04
Aug '09
India stands to be one of the leading consumers of silk and silk products, and also is one of the biggest importer of raw mulberry silk.

However, Indian silk sector has gone through numerous tribulations in the interim and it seems to be gradually losing its sheen. Mounting pressures of global recession play its role in taking further toll on the industry.

Silk exports from India grew at a healthy rate in the first nine months of 2008-09 registering a growth of 12.6%. It soared from US $470.86 million in the first nine months of 2007-08, to $529.98 million in the same period of 2008-09.

Still, the performance of the Indian silk sector is not satisfactory comparatively; over its counterparts.
90% of India's silk products are made on handlooms.

Incomes of many weavers have been deeply affected due to the free market trends, following China's entry into the WTO. Despite that India is fighting for a foothold in the international market.

The fabric of royalty, and prestige, is deeply affected by the downturn, distressing the livelihood of thousands of weavers.

Click here to read complete article.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 28th Jan 2022

Egypt’s garment exports rise by 41% to $2.49 bn in 2021 over 2020

The Egyptian apparel sector’s exports rose by 41 per cent in 2021 to...

Pic: Prasit Rodphan | Dreamstime.com

Textiles | On 28th Jan 2022

Cambodia-Vietnam trade volume touches $9.3 bn in 2021

Cambodia-Vietnam trade volume touched $9.3 billion last year—a rise...

Pic: Tonny Anwar | Dreamstime.com

Textiles | On 28th Jan 2022

US imports under CBI rose to $1.2 bn in 2020 from $1.1 bn in 2019

US imports under the Carribean Basin Initiative (CBI) tariff...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Sanmugamagesh,

Sanmugamagesh

<font color="#303030" face="Open Sans, sans-serif">India-based The Chennai ...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Ester Kubisz, Label - Ester Kubisz

Ester Kubisz
Label - Ester Kubisz

Ester Kubisz, a London-based designer and founder of her eponymous label,...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

Dahlia Razzrook, Label - Dahlia Razzook

Dahlia Razzrook
Label - Dahlia Razzook

London based designer, <b>Dahlia Razook</b> known for her luxury...

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

Leave your Comments

ESTEEMED CLIENTS

Etam Group Strategy Hong Kong Limited
SHAHI Exports Pvt Ltd
G-Star Raw C.V.
Sateri (Jiujiang) Fiber Co.,Ltd
Splash
Decathlon
Lifestyle
Aquarelle Clothing Limited
Under Armour Global Sourcing Ltd
Brandix Lanka Limited
Tchibo GmbH
Aramark Uniform ;& Career Apparel, LLC
TESCO INTERNATIONAL SOURCING LIMITED
Arvind Limited
C;&A Sourcing International Ltd
Midas Clothing Limited
Alison Hayes Romania
Sainsbury's Argos Asia Limited
Varner AS Retail
Lenzing Aktiengesellschaft
Truetzschler India Private Limited
Alix Partners
International Textile Manufacturers Federation
Phong Phu international JSC (PPJ)
NITI Aayog
Lisa S.P.A.
Landmark Group
Babyshop
Lacoste (Wanchai)
MAS Active / MAS Kreeda / MAS Bodyline
KAS Direct Sourcing
Eastman Chemical Company
Green Fibre
Hela Clothing Pvt Ltd
Bluestem Global Sourcing Limited
Grasim Industries Limited
KIABI
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Asos
Gloria Jeans
The LYCRA Company Singapore  Pte. Ltd
Page Industries Limited (Bangalore)
Groz-Beckert East Asia LLP
BIMBA ;& LOLA SL
Restoque S.A.
Tommy Hilfiger
Rosset ;& Cia Limited
T.T. Limited
Vianney Textil Hogar S.A. De C.V.
LC Waikiki
Boardriders Asia Sourcing Limited
Huntsman (Singapore) Pte Ltd
Esprit Europe Services GmbH
Lululemon Athletica Inc
The Top Form Brassiere Manufacturing Company Limited
Maceton Limited
IDH – The Sustainable Trade Initiative
Chico’ FAS
Calvin Klein
BIANCA
PVH Corporation
Guess Europe Sagl,
Gatsby Africa
Seasalt Limited
Cat Tuong Real Estate Group Joint Stock Company
THE BOMBAY DYEING ;& MFG.CO. LTD
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Target Corporation (MN)
Permoda(Koaj/Armi/Pronto/Bkul)
Recron Polyester from Reliance Industries Limited
Sportmaster Ltd.
Chori Company Limited
Reiter India Private Limited
Abit
OVS Hong Kong Sourcing Ltd.
Tory Burch Hong Kong Ltd
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Helly Hansen Far East Ltd
H;&M Hennes ;& Mauritz (Far East) Ltd
Sportswear Company Spa
Desigual - ABASIC, S.A.
J ;& P Coats
Gap International Sourcing Limited
Benetton Group
SYNERGIES HONG KONG LIMITED
Hirdaramani International Export Private Limited
Gokaldas Exports Limited
John Varvatos
Puma
Walmart

January 2022

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


Advanced Search