New Delhi: Union Textiles Minister Smt.
Smriti Zubin Irani has said that there is an urgent need to brand Indian Silk
both in India and abroad, so that branded products attract more overseas buyers
and yield better value realization.
The Minister was speaking at the
inauguration of the 5th India International Silk Fair, the flagship event of
Indian Silk Export Promotion Council (ISEPC), being held at Pragati Maidan, New
Delhi from October 15-17, 2016.
Stating that the future of Indian silk
industry is very bright, Smt. Irani appreciated the Council for organizing an
exhibition of silk products and providing a platform to SMEs that gives them
exposure to overseas buyers.
110 exhibitors from different parts of
the country have displayed a wide range of products of silk and silk-blended
items such as garments, accessories, made-ups, carpets, sarees and interior
decorative items of silk and silk-blend fibres.
More than hundred overseas buyers have
registered on the 1st day of the fair. A big delegation of 26 buyers have come
from Japan, to source silk fabrics, accessories and garments and floor
coverings. The display of the exhibitors was eye-catching for buyers,
encouraging them to place enquiries and orders.
Central Silk Board has put up a “Thematic
Projection” of Indian Silk Industry on the theme ‘soil to silk’, showing how
silk worms are grown in mulberry leaves and are converted into cocoons, which
are then reared into silk yarn and woven as silk fabrics. The Board has also
displayed various varieties of Indian silk products, such as garments, made-ups
and accessories of Mulberry Silk, Eri Silk, Tasar Silk and Muga Silk.
The ISEPC is expecting a business of
over US$ 50 million during the three-day fair. The Council is organizing a B2B
meeting of buyers and exhibitors today, in the evening at Hotel Eros, Nehru
Place, New Delhi. A fashion show of Indian silk products, in the presence of
esteemed buyers, has also been planned at the same venue.
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