In order to increase the production of silk garments across the Valley, the Jammu and Kashmir government is focusing on upgrading the silk factory with new facilities and equipments funded by the World Bank.
With this, the government aims to generate more employment in the Valley and is upgrading the new building with the machinery of the latest technology so that this factory is able to produce larger quantities of silk.
Many families in Srinagar depend on the silk factory for their livelihood.
The project is worth around Rs 12.5 crores and is funded by the Work Bank through the Economic Reconstruction Agency (ERA).
The process to upgrade the factory is underway and efforts are being made by the government to finish the project at the earliest.
This project is expected to generate more employment.
Meanwhile, the government is also focusing on the production of mulberry crops and the production of cocoons to boost silk production in the state and to generate more employment.