Published
Feb 24, 2021
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Textiles minister plans for India's silk sector to be self-reliant in two years

Published
Feb 24, 2021

The Union Government plans to make the Indian silk industry self-reliant in the coming two years, aided by measures in the recent Union Budget designed to boost the textile industry. 

Minister Irani is confident that the new government budget will aid the textile sector


Union Textile Minister Smriti Zubin Irani was the speaker at the inauguration of the Karnataka Vastra Tek - Apparel & Textile Conclave, which launched on Tuesday. Irani took the occasion to praise measures taken for the Indian textile industry in the new budget and shared that the seven planned mega textile parks will aid the development of numerous textile sectors, including silk. Irani also shared that Karnataka is one of the most important regions for the silk industry. 
 
“Under the Silk Samagra Program, the Government of India dedicated specifically over Rs 2,000 crore [$300.6 million] for the development of silk,” Irani said at the event, the Press Trust of India reported.

“I am hopeful that the industry gives the state of Karnataka ideas, proposals or initiatives that can make our country Aatmanirbhar in silk. We in the Ministry of Textiles are looking at the next two years to ensure that India is self-reliant in the space of silk.”
 
The Karnataka Vastra Tek - Apparel & Textile Conclave was organised by the Department of Handloom and Textiles, Government of Karnataka, in partnership with the FICCI Karnataka State Council.

The FICCI also recently held its fifth ‘Japan’s Connect with Karnataka’ summit on February 17 to discuss cross-border investment opportunities in the region. 
 

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