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The Silk Industry In India Is Affected By The Sichuan Earthquake.

2008/7/12 0:00:00 69

Broadcasting British Corporation reported that Sichuan's silk industry was hit hard by the shortage of raw silk imported from China due to the earthquake in India.

This affects about 1 million people and 60 thousand villages in India's silk industry.

India Silk Export Promotion Association said that India imported 10 thousand tons of raw silk from China every year, and domestic silk yarn production nearly 16 thousand tons. The recent earthquake in Sichuan destroyed most of the mulberry fields. China can not only meet domestic demand, but also can not meet the needs of India.

The price of raw silk imported from China before India was 20-21 dollars per kilogram before the earthquake, and the price of the raw silk rose by at least 6 dollars after the earthquake.

Many silk traders in India believe that the government should now relax the import tax on raw silk from China.

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