Trade Analytics

Silk Industry in India

Last Updated: November, 2016

Introduction

With sericulture activities spread across 52,360 villages, the Indian silk industry is one of the largest generators of employment and foreign exchange for the country. India enjoys a unique global position in terms of production of all commercially useful varieties of silk. India is the second largest producer of silk. The industry provides employment to over 7.9 million people in the country.

KEY MARKETS AND EXPORT DESTINATIONS

  • Over April-August 2016, export of silk and silk products from India stood at US$ 113.12 million, while exports during 2015-16 stood at US$ 364.89 million.
  • The silk products exported include natural silk yarns, fabrics, made-ups, readymade garments, silk carpets and silk waste.
  • Readymade silk garments formed the largest segment generating around 62.0 per cent of silk export earnings in April-August 2016, while natural silk yarn, fabrics and made-ups comprised 25.21 per cent of silk export earnings. Handloom products of silk, silk waste and silk carpet comprised 6.81 per cent, 5.8 per cent, and 0.18 per cent respectively.
  • In FY 2015-16, top ten importers of Indian silk and silk products were US (US$ 21.59 million), UK (US$ 13.47 million), China (US$ 13.27 million), UAE (US$ 8.28 million), Germany (US$ 5.3 million), Italy (US$ 5.23 million), Canada (US$ 3.66 million), France (US$ 3.14 million), Singapore (US$ 3.11 million), and Hong Kong (US$ 2.25 million).

INDIAN SILK PROMOTION COUNCIL

The Indian Silk Promotion Council (ISEPC) has initiated programmes for growth and development of the silk industry. ISEPC organises trade shows and fairs across the world to promote trade with different countries. The Council also facilitates meetings between exporters and potential customers.

The total export of silk and silk products stood at US$ 113.12 million for the period April-August 2016.

Source:
Indian Silk Promotion Council

The total export of Silk and Silk product stood at US$ 369.88 million for the period April 2014-January2015.

Source:
Central Silk Board

SILK E-BROCHURE

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Silk

62, Mittal Chambers
Nariman Point
Mumbai - 400021
Maharashtra
India

Tel.:+91-22-22025866/22027662
Fax: +91-22-22874606
Email: isepc@bom2.vsnl.net.in
Website: http://www.theindiansilkexportpromotioncouncil.com/

The total export of Silk and Silk product stood at US$ 369.88 million for the period April 2014-January2015.

Source:
Central Silk Board

Exports

Silk Industry in India