In order to give an impetus to the Silk and Wool sectors in J&K, the Lieutenant Governor, Girish Chandra Murmu inaugurated the Modernized and Upgraded Government Woollen Spinning Plant and Silk Filatures at Solina.
The Lt Governor also e-inaugurated Modernized Government Spinning Mill, Nowshera, Srinagar. All these units have been modernized and upgraded at a total cost of Rs 16.22 cr with around Rs 9.06 cr being funded under languishing projects. The Lt Governor appreciated the efforts of the Industries and Commerce Department to revive the units which had been closed and have been made fit for operation after decades. He observed that with the operationalization of the units, the economic benefits would reach a large section of the society, especially those associated with cocoon and sheep rearing.
A significant amount of raw silk and wool which was being sent outside J&K without any value addition, would now be processed and finished within J&K, he added.The Lt Governor called for undertaking innovative strategy for creating markets for the manufactured products in these units at national and international level. He also enquired about the interventions being made for the revival of the historical silk unit and asked the concerned officers to focus on enhancing viabilities of such business units as self-sustaining and employment generating public sector units.
