Performance of global and Indian silk industry: An economic analysis
Joycy R Dasari and MN Venkataramana
The major silk producers in the world are in Asia contributing 90 percent of mulberry production and almost 100 percent of non-mulberry silk. The silk production has drastically reduced in developed countries such as Japan, Italy, France, South Korea etc., due to uneconomical labour cost resulting from industrialization. In India, the major states involved in production of mulberry raw silk are Karnataka, Andhra Pradesh, West Bengal, Tamil Nadu and Jammu & Kashmir. The share of silk imports to total textile imports have declined from 0.067 percent to 0.024, due to the increased production of import substitute bivoltine silk in the country in order to meet the increasing domestic demand. There is much scope to increase the raw silk production in the country, which could make India emerge as a global leader in silk production.
How to cite this article:
Joycy R Dasari and MN Venkataramana. Performance of global and Indian silk industry: An economic analysis. The Pharma Innovation Journal. 2023; 12(12S): 1206-1210.