Silk sector witnessing steady growth: Indian ministry

26 Mar 18 1 min read

The production of raw silk in India was estimated to be 33,840 million tonnes (MT) in fiscal 2017-18 as against 30,348 MT in the previous fiscal, minister of state for textiles Ajay Tamta informed the Indian parliament recently. The estimated cumulative annual growth rate of the silk sector is 6.40 per cent he said.

The government has approved a project-based strategy for the North East region under an umbrella scheme North East Region Textile Promotion Scheme (NERTPS) to boost the sector in that region, a textiles ministry press release said quoting the minister’s statement.
Advertisement


The projects under the scheme are likely to contribute an additional 2285 MT raw silk during the project period and 1100 MT silk per annum involving 46,094 families, which will generate employment for about 2.30 lakh persons, he added (DS).

Fibre2Fashion News Desk – India

Disclaimer - All News/Articles items are subject to copyright and no article either in full or part may be reproduced in any form without permission from Fibre2Fashion Pvt. Ltd.