India's Raw Silk Production Sees Steady Growth with 16.46% Boost in Exports in 2023-24.

National

According to recent data released by the Ministry of Textiles (MoT), India has shown a consistent rise in silk production and exports from 2017-18 to 2023-24, reflecting its strengthened capacity in sericulture and growing significance in the global silk market.


      - India holds the position as the second-largest producer and consumer of silk in the world, with sericulture being deeply rooted in its historical, cultural, and economic fabric.

      - Raw silk production in India has increased from 31,906 Million Tonnes (MT) in 2017-18 to 38,913 MT in 2023-24, indicating significant growth in domestic sericulture output.

     

Main Point :-   (i) Silk and silk goods exports rose from Rs.1,649.48 crores in 2017-18 to Rs.2,027.56 crores in 2023-24, showcasing a 16.46% export boost.

      (ii) This growth is attributed to the expansion of mulberry plantations, which increased from 223,926 hectares (ha) in 2017-18 to 263,352 ha in 2023-24. Consequently, mulberry silk production also grew from 22,066 MT to 29,892 MT during the same period.

(iii) According to the Directorate General of Commercial Intelligence and Statistics (DGCIS), India exported 3,348 MT of silk waste in the financial year 2023-24, further contributing to its global trade footprint in the silk sector.

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