The silk factory at Rajbagh in Srinagar, Jammu & Kashmir, will receive Rs 23 crore by the World Bank for its revival and restoration. The factory was damaged due to the devastating floods of 2014.
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Arunachal Pradesh’ Commissioner of Industries, Textile and Handicraft, Tahang Taggu said that the State Government has taken steps for development of Micro, Small and Medium Enterprises (MSME) even as it has taken up schemes for promotion of handloom and handicraft activities.
Jharkhand plans to launch aggressive initiatives to promote and market its ethnic textile and handloom products in a bid to help its large indigenous community of craftspersons
In order to meet the growing demand, the Karnataka Silk Industries Corporation (KSIC) is setting up a second integrated silk weaving unit in Mysuru at a cost of Rs 24 crore, which will begin operations by July 2017.
Kapangan started engaging in silk in the 1970s, rekindled in 2005 which eventually became the town’s one town, one product and has the widest mulberry production area of 15.75 hectare is hoping to revive the silk industry in the municipality.
India is expected to be self-sufficient in silk production by 2020 with an annual growth rate of 19 per cent, and the aim is to produce around 34,000 metric tonne (MT).
India is marching towards self-reliance in raw silk and plans to bring down imports to zero level by 2020, according to K M Hanumantharayappa, Chairman, Central Silk Board (CSB).