New Delhi venue of India International Silk Fair (IISF-2018)
The India International Silk Fair (IISF-2018) has inaugurated by Union Minister Smriti Irani at Pragati Maidan in New Delhi on October 16. The fair will give a platform to exporters to display their products and to overseas buyers an opportunity to place orders and source their merchandise. In it, over 108 exhibitors of silk and blended silk will display their produce. Over 218 buyers from various countries will participate in the 3-day fair. Artisans from Jammu & Kashmir and north-east will showcase their unique products from their region which will be an added attraction for buyers. The IISF-2018 is expected to generate business of over $20 million for Small and Medium Enterprises (SMEs) engaged in producing silk and blended silk garments, fabrics, accessories and floor covering. India is the second largest producer of silk in the world. The country’s silk industry is agriculture based and labour intensive and provides gainful employment to around eight million artisans and weavers in rural areas.