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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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KSIC earns Rs. 31 crore profit in 2021-22, says Minister

Mysore/Mysuru: The State-owned Karnataka Silk Industries Corporation (KSIC), which enjoys a reputation for manufacturing pure silk sarees, has earned a profit of Rs. 31 crore during the fiscal year 2021-22. Minister for…

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Published March 4, 2023 · 1 min read
ksic earns rs. 31 crore profit

Mysore/Mysuru: The State-owned Karnataka Silk Industries Corporation (KSIC), which enjoys a reputation for manufacturing pure silk sarees, has earned a profit of Rs. 31 crore during the fiscal year 2021-22.

Minister for Sericulture, Youth Empowerment and Sports K.C. Narayanagowda said, in a press release, on Thursday that the KSIC has recovered well from the COVID pandemic-induced losses. “The Corporation registered a business turnover of Rs. 204.77 crore during 2021-22,” the Minister said.

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