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 1500 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

India is the second-largest producer of silk in the world. The country's sericulture industry employs around 9.76 million people in rural and semi-urban areas. The industry is one of the largest foreign exchange earners for the country. The sericulture activities in India are spread across 52,360 villages. India produces four types of natural silks, Mulberry, Eri, Tasar and Muga. The country produces silk garments, made-ups, fabrics, yarns, carpets, shawls, scarves, cushion covers and accessories through the raw material.

Key Markets and Export Destinations

  • India exports raw silk, natural silk yarn, fabrics & made-ups, readymade garments, silk waste and handloom products of silk. During 2021-22, the country's silk and silk products exports were valued at US$ 248.56 million. This is an increase of 25.3% over the previous year. This growth was achieved despite of Covid pandemic induced challenges and global supply chain disruptions. Product wise split for the exports is as follows - natural silk yarn exports was Rs. 52.62 crores (US$6.6 million) (up 79.2% YoY), silk fabrics and made ups exports was Rs. 837.41 crores (US$105.7 million) (up 14.8% YoY), readymade garments exports were Rs. 671.13 crores (US$ 84.7 million) (up 49.3% YoY), silk carpet exports were Rs. 79.125 crores (US$ 10 million) (down 26.4% YoY), and silk waste was Rs. 208.67 crores (US$ 26.3 million) (up 38.5% YoY).
  • The silk fabrics and made ups, and silk readymade garments are the most exported silk products from India with 2021-22 exports share of 45.3%, and 36.3%, respectively. The share of other products in India's total silk exports are as follows - silk waste (11.3%), silk carpets (4.3%), and natural silk yarn (2.8%). India enjoys a unique global position in terms of production and exports of all the commercially useful varieties of silk and the government has initiated various trade shows and fairs in order to promote the exports of silk products across the world.

Key Source: https://www.indiantradeportal.in/vs.jsp?lang=0&id=0,31,24100,24118