INDIAN SILK INDUSTRY AT A GLANCE IN 2022 - 2023
Exports of silk and silk products from India reached US$ 190 million in FY23. 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. It is one of the largest foreign exchange earners for the country.
The sericulture activities in India are spread across 52,360 villages. The major silk-producing states in the country are Andhra Pradesh, Assam, Bihar, Gujarat, Jammu & Kashmir, Karnataka, Chhattisgarh, Maharashtra, Tamil Nadu, Uttar Pradesh, and West Bengal. Karnataka contributed around 32% of the total silk production in the country during 2022. This was followed by Andhra Pradesh which had a share of 25% in the overall silk production during 2022.
Silk ExportsIndia exports raw silk, natural silk yarn, fabrics & made-ups, readymade garments, silk waste and handloom products of silk. During 2022, 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. In 2022- 2023, the exports of silk and silk products stood at US$ 211.3 million.
The silk fabrics and made ups, and silk readymade garments are the most exported silk products from India with 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%).
Silk Export CountriesUSA is the top importer of silk products from India with a share of 24.3% as of 2022. UAE was the second largest importer of Indian silk after USA, with a share of 22.6%. These are followed by China, Australia, and UK which have 9.1%, 5%, and 4.7% of the total exports share, respectively.
Silk carpets constituted the majority of share in the exports to USA, with 40% of all the silk products. This was followed by readymade garments which constituted 33% of the total. Natural silk yarn, fabrics, and made ups were 27% of the total share exported to USA.
Natural silk yarn, fabrics, and made ups comprised the majority of the products exported to UAE with a share of 55%% in the total exported products. Silk carpets constituted 25.8% and silk readymade garments constituted 19.2% of the total exported products to UAE.
