Reliance Trends and Lifestyle to source silk fabrics, products being manufactured by JKIL: Secretary I&C deptt
Srinagar, Feb 22 (KNO): Silk and woolen products of J&K known for the quality and having traditionally an important role in economy of the UT, are set to be promoted and marketed in a big way at National and International markets.
The Government as part of reviving the economy of J&K has included the two industries to play a significant role in contributing the employment generation also.
Principal Secretary I&C Department Ranjan Prakash Thakur during the review of Jammu and Kashmir industries limited informed that Reliance Trends and Lifestyle would be sourcing silk fabrics and products being manufactured by Jammu Kashmir Industries Limited.
In this regard, an MOU has been signed
between JKI and Reliance.
According to a statement issued to the news agency—Kashmir News Observer (KNO), he informed that over the last three years, the government has invested massively for the revival of JKI for development of its infrastructure by procurement of new machinery which has led to significant increase in the production of capacities.
JKI has successfully commissioned the new silk weaving and reeling units in Jammu and has upgraded Silk factory Rajbagh, Bemina woolen mills and Wool spinning units located at Solina and Nowshera.
With the revival of JKI, the livelihood of a vast number of people associated with cocoon rearing and wool production has been secured and JKI is now providing a ready market for their produce within J&K at very lucrative prices.
This has not only led economic benefits to the people associated with the production of silk and wool but would also over a period of time lead to revival of silk and wool sectors in the UT of J&K—(KNO)