The Indian Silk Export Promotion Council
The Indian Silk Export Promotion Council (ISEPC) was set up in 1983 as a company not for profit under Companies Act duly sponsored by the Government of India in the Ministry of Textiles. The Council as on date has a membership of around 1000 regular exporters of Silk goods whereas more than 1800 exporters have registered with the Council.
ISEPC works closely with the Government of India on policy formulation concerning silk sector and provides specialized services to the entrepreneurs enlarging global business opportunities for the silk industry in India. Availability of more than 1500 exporters all over India catering to overseas market
ISEPC Website: http://www.theindiansilkexportpromotioncouncil.com/
Silk Industry and Export in India
Indian silk industry is one of the largest generators of employment and foreign exchange for the country as sericulture activities spread across 52,360 villages. India enjoys a unique global position in terms of production of all commercially useful varieties of silk. India is the second largest producer of silk. Sericulture provided employment to over 9.1 million people in India during FY19.
Key Markets and Export Destinations
- Export of silk and silk products from India reached US$ 291.36 million in FY19 and US$ 246.67 million in FY20.
- The total silk and silk products export accounted for US$ 41.02 million from April to July 2020 and for July 2020 it was US$ 2.47 million.
- The silk products exported include natural silk yarns, fabrics, made-ups, readymade garments, silk carpets and silk waste.
- Fabrics & Made-ups formed the largest share in export between FY20 at US$ 138.95 million, followed by readymade garments at US$ 71.18 million and silk carpet at US$ 20.3 million. Other products made up for rest of the export earnings.