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| Cheap Chinese silk poses threat to Kashmir silk industry | | | Early Times Report
JAMMU, Jan 6: Influx of cheap Chinese made silk my pose a serious threat not only to Kashmiri silk industry but to the silk manufacturing houses and units in other states, including Varanasi.
Reports said that during the last about a century, women in India and elsewhere have been giving preference to Kashmiri silk and the one from Varanasi which is home for the famous Benarasi sarees. According to these reports, market for Kashmiri silk has declined in the same way as that of the silk sarees from Varanasi during the last over two years.
Those connected with silk manufacturing trade have said that decline in the Indian silk market, including the one from Kashmir, is the result of cheap Chinese make silk fabric and sarees being available in the market. A trader said that against the price of Rs.5000 to Rs.7000 in case of a Kashmiri silk saree, the one from China is sold at Rs.2000 to Rs.2500.
Government report said that import of silk sarees from China is at the bottom of the imported items indicating that the quantum of import of silk sarees from China continues to be too meager to pose any major threat to local silk manufacturing units. The report said that a lot of silk fabric was being smuggled into India from Nepal and the traders cut big sheets of silk fabric into sarees and in certain cases they are sent to the factories for processing and printing.
Those dealing in silk manufacturing and trade have suggested to the Government of India to ban import of silk fabric from China and choke the channels of smuggling of the Chinese silk via Nepal. Jammu and Kashmir government has already introduced a number of schemes for modernizing silk weaving and silk manufacturing units so that its production is raised at least by 30 percent in the next three years.
At present, state produces 8 lakh kgs of cocoon but the silk units in the state consume only 25 to 30 percent and the rest in sold in the markets outside the state. Since the silk industry sustains over 22,000 families in the rural areas, further growth in the industry was important for the state's economy
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