India’s first mega silk cluster will come up in which Indian state?
India’s first mega silk cluster will come up at Belavadi, on the outskirts of Mysuru in Karnataka state. The silk cluster is a first of its kind initiative, aimed at creating state-of-the-art infrastructure facilities for silk weaving and processing in the region. Initially, the Government of India will contribute Rs. 30 crore towards the project and a special purpose vehicle (SPV) will be constituted for raising the remaining cost from stakeholders. The facility is expected to be completed in 2016.