news details |
|
|
JKI to purchase Cocoon worth Rs 11.24 cr for Jammu, Srinagar in current financial year | Silk & Wool fabric production being revived in J&K | | Early Times Report
Jammu, Apr 19: In order to create job opportunities in the union territory, the silk and wool fabric production being revived in Jammu and Kashmir and in this regard Principal Secretary Industries & Commerce Ranjan Prakash Thakur along with Joint Secretary, Ministry of Agriculture Govt of India Shubha Thakur today visited Silk and Wool units of JKI Ltd located at Rajbagh and Bemina and took stock of the ongoing works being undertaken at both units under the World Bank funded Jhelum Tawi Flood recovery Project As per the details available with Early Times, Principal Secretary was briefed that under modernization of the Silk Factory Rajbagh being funded by the World Bank new machinery has been procured to replace the ones which had been damaged during the floods of 2014 and a new building is also being constructed. The silk fabric production capacity of the factory is expected to increase to around 2.5lacs meters annually when the said modernization would be completed. Further with the modernization of the Silk Factory Rajbagh and the establishment of new Silk Reeling and Weaving units in Jammu JKI would be procuring around 1.30 MT of cocoon worth Rs 11.24 crore in the current year in both Kashmir and Jammu Divisions from various centers of the Sericulture Department which would result in providing direct market linkage to around 10000 cocoon rearers of J&K. Similarly under the World Bank funded JTFRP new machinery was being procured to replace the ones which had been damaged during the floods of 2014 and a Showroom cum Interpretation Centre was being constructed at the Govt Woollen Mills Bemina.Principal Secretary I&C was informed that with the installation of the new machinery the production capacity of the unit would increase significantly and additional 1 lakh kgs of locally produced raw wool would be used to weave quality tweed fabric thus bringing economic benefit to hundreds of sheep rearing families. While appreciating the efforts of JKI in creating end to end market solutions especially for the raw materials available in J&K, Principal Secretary directed the department in exploring assistance from International organizations for development of whole chain of Silk and Wool Sectors in the State. He further directed the JKI should undertake the branding of its Kashmir Silk and Wool Products and also seek design support so that the products manufactured by it are as per market fashion and trends. Reviewing the working of the units Principal Secretary I&C stressed on managing production on modern lines, introduction of new product ranges which are in vogue in present markets, strengthening the marketing networks so that both Rajbagh Silk Factory and Bemina Woollen Mills regain their due position as a manufacturers of quality fabrics. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STOCK UPDATE |
|
|
|
BSE
Sensex |
|
NSE
Nifty |
|
|
|
CRICKET UPDATE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|