THE SILK INDUSTRY: INDIA'S ROLE IN THE GLOBAL LANDSCAPE AND FINANCIAL DECISION-MAKING DYNAMICS


Mr. Swarn G Kanchan, Dr. C. K. Hebbar
Institute of Management & Commerce, Srinivas University, Mangaluru, Karnataka, India
Abstract
Silk industry is involved with this breeding of silk worms and manufacturer of the silk. India is the second largest producer of silk contributing to about 18% to the world production. What is however more not worthy is the fact that India is requirement of raw silk is much higher than it’s current production and present. It has a strong traditional and culture bound domestic market of silk. About 60 lakh persons are engaged in various sericulture activities in the country. It is estimated that sericulture can generate employment of 11 man days per kg of raw silk production throughout the year. This paper reviews recent research on silk industries by considering various SWOT analysis. The analysis revealed the strength on this industry, Silk industry region based, the sustaining Market demand high cost of raw silk and overview of the technology innovations on- farm experimentation.
Keywords: Silk industry, SWOT analysis, Industry analysis, Raw silk cost
Journal Name :
EPRA International Journal of Research & Development (IJRD)

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Published on : 2024-06-19

Vol : 9
Issue : 6
Month : June
Year : 2024
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