SILK ROUTE IS SMOOTH NO MORE
Article Abstract:
The spun silk industry in India and the silk carpet industry in Jammu and Kashmir have been hit by the non-availability of silk waste and the rise in the prices of silk waste. The shortage is due to an increase in the exports of silk wastes to China. China is offering a higher price for the silk waste. The shortage has led to closure of many mills. The capacity utilisation has slumped to 20-30 percent. Now, the Karnataka Silk Industries Corporation unit in Channapatna is working at a capacity of 30 percent. The spun silk and the carpet industries have also been affected by a rise in the average silk waste price at Rs300-320 a kg from Rs100 kg in December 1996. The local spun industry has reported heavy monetary losses due the price hike and shortage of silk waste. The carpets industry produced 14,953 square metres in 1997-98 (33,645 square metres of carpets in 1996-97). The number of employees has decreased to 1.33 lakh (3 lakh). The industry has the protection of the Government of India. (ag)
Comment:
India: Local capacity utilization decreases by 20% to 30% due to non-availability of silk waste & rise in prices of silk waste
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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BE VOLTINE AND YOUR SILK WILL BE FINE
Article Abstract:
India may soon be able to produce quality silk in large quantities as the recent field trials in Karnataka of the newly evolved bivoltine silkworm breeds have been a success. Two new breeds of bivoltine hybrid silkworms - CSR2xCSR4 and CSR2xCSR5 - have been developed at the Central Silk Technological Research Institute at Mysore under the Japanese International Cooperation Agency project. The demand from the powerloom sector for bivoltine silk has been increasing due to its inherent qualities like fineness, strength and uniformity. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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WHOPPING WHEAT
Article Abstract:
The wheat crop output in 1998-99 is expected to be about 68-69 million tonnes compared to 66.4 million tonnes in 1997-98. The area under wheat cultivation in India is expected to have increased to about 26 million hectares this season compared to 25 million hectares in the 1997-98 season. Wheat prices in the principal foodgrains market is likely to remain steady due to a strong stock position, availability of imported wheat and steady prices in the international markets. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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