India’s silk and silk products exports touched $246.67 million in FY20. As per India Brand Equity Foundation report, total silk and silk products export accounted for $101.82 million from April 2020 to October 2020 and for October 2020 it was $22.98 million.

The silk products exported include natural silk yarns, fabrics, made-ups, readymade garments, silk carpets and silk waste. Readymade garments formed the largest share in export from April 2020 to October 2020 at $ 43.75 million, followed by fabrics & made-ups at $31.73 million and silk carpet at $13.58 million. Fabrics & made-ups formed the largest share in export between FY20 at $138.95 million, followed by readymade garments at $ 71.18 million and silk carpet at $20.3 million. Other products made up for rest of the export earnings.

Second largest producer of silk in the world, India makes all commercially useful varieties of silk. The industry is one of the largest generators of employment and foreign exchange for India. Its sericulture activities are spread across 52,360 villages and provided employment to over 9.1 million people in India during FY19.