Asian Journal of Multidimensional Research
  • Year: 2022
  • Volume: 11
  • Issue: 2

An outline of the indian raw silk production from global perspective

1Ph.D. Research Scholar, Department of Economics, Sidho-Kanho-Birsha University, Purulia, West Bengal, India Email id: roysantanu66@gmail.com

Online published on 4 April, 2022.

Abstract

The sericulture industry is an agro-based cottage industry. In rural areas this industry creates income and employment opportunities for millions of people. This industry can be considered as one of the tools for the development of rural economy of developing countries. In view of this possibility, the present paper seeks to focus on the trend of global raw silk production levels and to explain a comparative character of Indian raw silk production trends with global production trends. Secondary data has been used to meet the objectives of this study. Analysis of secondary data by well-known statistical technique reveals the fact that China and India are the largest producers of silk worldwide. China is in the first place and India is in the second place. China produces almost 78% of the world's raw silk production and on the other hand India produces about 18%.Studies from 2010 to 2020 has shown that there is a declining trend in raw silk production in the world. As silk production in China has been steadily declining in the last few years, perhaps for the reason the world's total silk production has also been steadily declining. Over the study period 2010–2020, India occupied a good position in terms of continuous growth of raw silk production. Under these circumstances, India has a bright future ahead of it in terms of increasing global raw silk production.

Keywords

Sericulture Industry, Raw Silk Production, World raw silk production, Trends of raw silk production