Recession takes shine off India's silk industry
The silk industry in Bihar is losing its luster and shine, hit by global economic meltdown. The consequences of drying market are staring at many silk weavers looking for alternative sources of livelihood. Many factories have now been shut down and silk weavers have moved to other big cities in search of employment. Moreover, decline in demand of export of silk products have spelt doom for the silk weavers of Bhagalpur.