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MSMEs Urge Silk Board for R&D Investments

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The MSME industry has urged the Silk Board to invest into R&D in order to make Indian silk products eligible to meet stiff competition from China.

BANGALURU: On the other hand, Silk Board has asked the youth to look for career prospects in industries such as silk, silk farming rather than just for government jobs.

The youth of the country should take to rearing silk farms as there is perennial demand for silk, instead of aspiring for government jobs which are limited, said K.M. Hanumantharayappa, the new chairman of Central Silk Board.

He was speaking at a felicitation cum interaction programme organized by KASSIA.

Hanumantharayappa has been taking active interest in promoting the interests of micro and small scale industries for the past several decades.

Kassia President A Padmanabha appealed to the new chairman of Central Silk Board to ensure that Indian silk products are able to meet the stiff competition from China by investing in R&D and more use of state-of-art technology.

Gaurav Gupta, Assistant Director, Ministry of Textiles, Regional Office of the Textile Commissioner, gave a presentation on various incentives and concessions available under development & welfare schemes of GOI for power loom sector, silk and textile industries.

Dr. Vijay Kumar, Private Secretary to Chairman, CSB, Rudranna Gowda, Scientist – D, Post-Cocoon Scheme, and Maruthi, Shanthala Silks, participated in the interaction which ended with a vote of thanks by Praveen, general secretary, KASSIA.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

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