The Hindu : Karnataka / Bangalore News : KSIC plans to produce low-cost Mysore Silk saris

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Friday, Dec 25, 2009
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KSIC plans to produce low-cost Mysore Silk saris

Staff Reporter

It plans to sell them at a price from Rs. 2,000 to Rs. 2,500

KSIC registered a profit of Rs. 4.7 crore in the last fiscal
Plans to reopen Channapatna Spun Silk Mill

Bangalore: If the high cost of Mysore silk saris prevents middle class people from owning one, here is some news for them.

The Karnataka Silk Industries Corporation (KSIC) has envisaged a plan to manufacture Mysore Silk saris at a low cost without compromising on the quality.

Revealing this to presspersons after inaugurating KSIC’s second showroom in Malleswaram, Minister for Sericulture and Small Scale Industries Venkataramanappa said the proposal was aimed at ensuring that Mysore Silk saris reached all sections of society. Kannada cine actress Tejaswini accompanied him.

“We are planning to manufacture and sell silk saris at a price ranging between Rs 2,000 and Rs 2,500. Through this we not only want to make KSIC a profitable venture but also ensure that everyone can afford it,” he said.

He said the corporation was procuring ‘A’ grade cocoon from Siddlaghatta and Ramanagara for manufacturing its products. “This way we are also helping the farmers as ‘A’ grade cocoon is expensive”.

Reaching out

KSIC Managing Director M.K. Baladevakrishna said the corporation, which made a profit of Rs. 4.7 crore in the last fiscal, wanted to reach out to those who could not afford to buy a Mysore Silk sari in their lifetime.

“Our turnover for last year touched Rs. 60 crore and we have a target of reaching Rs. 75 crore this year. We are also aiming at a profit of Rs. 7 crore for this fiscal,” he said.

KSIC Chairman C.P. Yogeshwar said the corporation planned to shortly reopen the Channapatna Spun Silk Mill that was closed in 2002. This Mill could be used to manufacture the low cost saris, he said.

The Mysore Silk Weaving Factory one of the oldest and historical silk manufacturing units in the country was started in 1912.

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