Channels Surat Textile News National Textile News International Tex. The spun silk industry, which has been an important forex earner for the country, is in serious trouble with more and more silk waste being exported since 1996 when the ceiling on exports was withdrawn.
Silk waste is the main raw material for value-added spun silk products like carpets, etc.
Today only 20 per cent of the domestic industry requirement is met with approximately 1,500 tonnes being sold in the domestic market. This is just 33 per cent of the total silk waste that is generated in India. M Senthil Kumar and Ikram Ansari were elected as Vice Chairmen for southern and central region respectively. Grasim hikes viscose fibre price by 4.3 pc Grasim Industries has hiked its price for viscose staple fibre to Rs 73 per kg from Rs 70 with effect from January 1, a company spokeswoman said. Viscose staple fibre contributed over 27 per cent to Grasim's total turnover of Rs 4,982 crore for March 31, 2000.