13th December, 2002
Ministry of Textiles  


SILK EXPORT TARGET TO BE ACHIEVED


LOK SABHA

Silk exports from the country up to August 2002 touched US$ 181 million. However, the Government is hopeful of achieving this year’s export target of US$ 450 million, in spite of global recession.

Several steps are being taken by the Government for increasing the export of silk products. It is providing assistance to the Indian Silk Manufacturing Council for undertaking export promotion activities. Value addition and input-output norms extended to exporters as specified under the EXIM Policy, the facility of duty free import of raw material under the Advance Licensing Scheme, and the import of capital goods at concessional rate of duty for export products have been rationalised.

The Government has set up a core group to advise on and monitor the planning and execution of the export promotion strategy involving market research studies, product development and diversification, encouragement to R&D, participation in fairs and exhibitions, brand promotion for non-mulberry silks, expansion of production of Indian raw silk, etc.

The Government has also initiated a production programme of high quality bivoltine silk to improve the quality of Indian silk to international standards and its productivity and cost competitiveness. Programmes are being implemented to improve technologies at all stages of silk processing and to diversify products with inputs for improvement of looms and designs so as to expand exports.

The facility of loan at 5 per cent less than the applicable rate under the Technological Up-gradation Fund Scheme for the textile sector is also available to the silk sector. Import of raw silk has already been liberalised by bringing it under OGL, which has increased the availability of good quality silk. This information was given by the Minister of State for Textiles, Shri Basanagouda R. Patil, in reply to a question by Smt. Margaret Alva in the Lok Sabha today.