Eastern Silk Industries
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The Eastern Silk Industries was set up in the year 1958. The present value of the company is nearly ` 225 crore and it has a work force of more than 20,000 skilled personnel.
The main area of Eastern Silk Industries business was export of silk and silk based products to different countries in the world. The company received several awards from various export promotion organizations like:
Eastern Silk Industries exports its products to countries like United Kingdom, United States, Japan, EFFTA countries, Canada, European Union, New Zealand, Australia, and Scandinavia. The Government of India recognized the company as a Golden Star Trading House. The company is self-sufficient with its own research department which is among the key factors behind the growth of the company.
The production units of Eastern Silk Industries:
The main activities of the company:
Characteristic features of silk:
Last Updated on 06th June 2011
- Handloom Export Promotion Council
- Ministry of Commerce
- Central Silk Board
- Indian Silk Export Promotion Council
Eastern Silk Industries exports its products to countries like United Kingdom, United States, Japan, EFFTA countries, Canada, European Union, New Zealand, Australia, and Scandinavia. The Government of India recognized the company as a Golden Star Trading House. The company is self-sufficient with its own research department which is among the key factors behind the growth of the company.
The production units of Eastern Silk Industries:
- Production Unit 1 in Bangalore
- Production Unit 2 in Bangalore
- Production Unit 3 in Karnataka
- Production Unit 4 in West Bengal
The main activities of the company:
- Manufacture of silk yarn
- Manufacture of fashion fabrics
- Manufacture of home furnishings
- Manufacture of scarves, laces, and belts
- Manufacture of fabrics and made-ups
- Manufacture of double width fabrics
- Manufacture of handloom fabrics
- Manufacture of embroidered fabrics
Characteristic features of silk:
- Silk is very strong in tensile strength
- Silk is sensitive to strong chemicals and oil
- The resistance of silk to abrasions is not very good as the other natural fibers
- To formulate policies and strategies best suited for growth of the company and help in the decision making
- To provide the company with the expertise of the management in implementing the policies
- To supervise the commercial activities and setting the financial policies
- To make sure that all the implementations are in accordance with the regulations of the SEBI Act, Agreements, Securities Contract Act, Companies Act and any other laws
- To perform the tasks in a positive manner, by supporting creativity, compassion, dedication, and open communication
- To keep a strong vigil on the income and expenditure of the company
Last Updated on 06th June 2011
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