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Department of Horticulture and Sericulture, Govt. of Karnataka:

Karnataka Silk Marketing Board Ltd works under Department of Horticulture and Sericulture Govt. of Karnataka under the supervision of the Managing Director and General Manager.  The Company is serving for the interest of the Reelers, Weavers and Twisters, the most important segments of silk community after silk worm rearers. The Company as a biggest licenced buyer, strives to maintain stability in silk prices and to prevent the formation of groups and cartels among traders and merchants. From the Company’s activity Sericulture sector is able to create job opportunity in the state of Karnataka.

Karnataka Silk Marketing Board Ltd is the only public Sector Organisation which is actively involved in Price Stabilisation by active participation in silk Exchanges in Karnataka. The company is monitoring the activities of purchase & sales by establishing direct link between reelers & weavers thereby eliminating the middlemen to possible extent.

The Company also helps Twisters of the state by fixing minimum wages for processing Raw silk to Twisted silk as per the company’s requirement and the same will be sold at our Karnataka sales branches in Bangalore, Ilkal, Gadag, Kollegal and Sidlaghatta and Tamil Nadu sales branches in Kanchipuram and Kumbakonam.

Karnataka Silk Marketing Board Ltd is a complete commercial organisation. It was established with the intention of stabilising the prices of Silk yarn which will benefit the reelers and prevent them from the formation of groups and cartels among traders and merchants. Making Profit or Loss is not the intention of the Board.  It has been working only for the betterment of Silk worm rearers (Farmers) and Reelers of the State.

Last Updated: 27-10-2020 12:14 PM Updated By: superadmin

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