Home / Knowledge / News / Textiles / Local silk yarn to be encouraged for running silk factories

Local silk yarn to be encouraged for running silk factories

07
Jul '10
Rajshahi and Thakurgaon are two state-owned silk firms, which were obsolete since a couple of years. In order to keep these firms operational, local production of silk yarn needs to be improved at the earliest possible.

However, industry experts aver that, the best possible boost should be given for production of silk yarn, domestically, before resurrecting Rajshahi and Thakurgaon factories.

This is because; silk yarn, purchased from foreign nations has turned exorbitantly expensive. And therefore, although, government's move to resurrect the firms is a wise decision, without local production of silk yarn, keeping them functional was pointless.

More so, now is the time to renew the conventional silk segment, via a sizeable and continuous domestically produced silk yarn, with the best possible use of the currently available natural resources.

But as of now, farmers who practiced sericulture need to be lured back to their age-old profession, as early as possible, by providing them with all the basic facilities and incentives. Similarly, cocoon and mulberry farming should be improved and enhanced to higher levels for surging mulberry leave and raw silk manufacturing.

Apparently, under the Bangladesh Silk Board (BSB), during the last fiscal, Tk 126.8 million was kept aside for developing and improving the silk industry, including increasing mulberry farming, expanding the industry and implementing various developmental plans.

Currently, at a price of Tk 3,700 a kilogram, smaller or desired quantities of silk yarn are being purchased from China, alone. The rising price has already pushed most of the silk firm towards closure.

Therefore, in order to face these adverse situations, atleast 150 tons of yarn, which accounts for 50 percent of the overall demand, must be manufactured domestically, in order to keep the silk firm in operation, throughout the year.

Emphasis therefore, should be levied on keeping the firms working, by utilizing locally produced yarn. In this regard, the private players too should not be permitted to purchase foreign yarn.

Currently, Bangladesh produces only 40 ton of silk yarn as against a yearly demand of 300 tons.

Fibre2Fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 10th May 2021

India & EU to resume trade negotiations; consider investment pact

India and European Union (EU) have agreed to resume negotiations for...

Pic: Shutterstock

Apparel/Garments | On 10th May 2021

UK retailers halved carbon emissions since 2005: BRC

Leading UK retailers have smashed 2020 carbon reduction targets, with ...

Pic: Authentic Brands Group / Eddie Bauer

Fashion | On 10th May 2021

ABG & SPARC to acquire American outdoor brand Eddie Bauer

Authentic Brands Group (ABG), a global brand owner, marketing and...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Meghavi Suthar,

Meghavi Suthar

Founded by NIFT graduate <b>Meghavi Suthar </b>in 2017, Kala is an...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor &lt;g...

P V Kadole,

P V Kadole

Nine co-operative organisations from Ichalkaranji came together to form an ...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

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


May 2021

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


Advanced Search