India target’s silk production of 60,000 tonnes by 2030-31

India is setting an ambitious goal to become a global leader in silk production, aiming to reach 60,000 tonnes by 2030-31. Currently, the country produces around 42,000 tonnes annually, a significant increase from 2014 levels. The government is actively supporting this growth by introducing modern technologies and better farming practices to boost output and quality.
For investors, this sector-wide push signals a long-term growth opportunity. As demand for silk and related products rises domestically and internationally, the industry is poised for expansion. The focus on modernization suggests improved efficiency and higher yields, which could benefit companies involved in sericulture and textile manufacturing.
Investors should watch for policy announcements and the adoption of new farming techniques. Tracking the progress of these initiatives will be key to understanding the sector's potential and identifying which companies stand to gain the most from this production surge.
Excerpt from BusinessLine
The Centre is targetting to scale up country’s silk production to 60,000 tonnes by 2030-31 and a resolve has been made to elevate India to the No 1 rank globally by in the silk production by 2028-29, said Giriraj Singh, Union Minister for Textiles. Production of silk in the country has increased to 42,000 tonnes at…Read the original at BusinessLine
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