The Kolkata based Eastern Silk Industries Limited is a company with multifaceted business activities. The list of activities include:
• Manufacture of Silk Yarn
• Fabrics & Made-Ups
• Home Furnishings
• Fashion Fabrics
• Handloom Fabrics
• Double Width Fabrics
• Scarves, Laces & Belts
• Embroidered Fabrics
The present net worth of the company is about Rs.255 crores and it employs over 20,000 people directly or indirectly.
In the year 1958, the export house embarked on its overseas business, with an export turnover of Rs 0.5 lacs. As on date, the export turnover proudly stands at a voluminous figure of Rs 387 crores in the year 2005-2006.
An added glitter in its crown is the number of awards that the company has bagged over the years from various Export Promotion Councils, such as:
- HANDLOOM EXPORT PROMOTION COUNCIL
- INDIAN SILK EXPORT PROMOTION COUNCIL
- CENTRAL SILK BOARD
- MINISTRY OF COMMERCE
The company has been recognized as "Golden Star Trading House" by the Government of India.
In the area of self sufficiency the in house Research Wing has successfully developed
a technology indigenously of Fast Color printing on fabrics that is the basic need for selling in the overseas market.
Modernization and adoption of new technology has been the watchword of the company down the years. To strengthen its diverse operations base, the Group has set up state-of-the-art manufacturing units at the following places: -
Unit 1
411, Telugarahalli Road, Anekal
Bangalore - 562 106.
Unit 2
Kammansandra Agrahara Kasaba Hobli,
Anekal, Bangalore - 560 106.
Unit 4
Falta Special Economic Zone,
24 Parganas (South),
West Bengal.
In this back drop, the company is planning to increase its export performance, commensurate to the extent of quantum increase in total Indian Export, which is likely to cross Rs. 400 crores by 2006 - 2007.
The present net worth of the company is about Rs.255 crores and it employs over 20,000 people directly or indirectly.