Jammu and Kashmir is promoting its textile sector especially silk and wool. A silk factory is being upgraded by replacing 44 looms, commissioning of finishing plant, boiler and other machinery.

On completion of the project, silk production at the factory is projected to increase from the current 50,000 meters to five lakh meters annually, taking the total silk production of the state from 2.80 lakh hectares to 6.80 lakh meters a year. The addition of four lakh meters will be of high-end fabric, which will increase the value from Rs 5 crores to Rs 32 crores.

The modernization project is also expected to benefit some 20,000 cocoon growers and other ancillary workers in the Kashmir valley. Most of the cocoon produced locally would be bought here, thereby stabilizing cocoon prices and also raising the demand for more cocoon production in the state.

A woolen mill is also being upgraded with the installation of a high-speed plant, a carding machine, a boiler and rapier looms. With this, wool production in the state is projected to increase from five lakh meters to nine lakh meters a year, with an increase in the value of the high-end fabric from Rs 2.50 crores to Rs 34 crores.