Abstract: The silk manufacturing segment is one of the prominent commercial arenas which are directly related to nature. The variants of natural silk available in Indian ecosphere are ‘Mulberry’, ‘Tasar’, ‘Muga’ and ‘Eri’ with ‘Mulberry’ covering a major portion of the market and the latter ones covering remaining one tenth portion of the market which are extremely rare to find and fetch high prices. The silk manufacturing segment has been significant from the economic perspective because of its high profit yielding potential which contributes in augmenting national income and providing employment to large number of people which contributes in augmenting per capita income and raising living standard. Another significance of silk manufacturing segment is that it attracts significant foreign exchange for the country. Silk manufacturing, as lucrative as it seems, has undergone a revolutionary phase owing to rapid technological up gradations. The manufacturing techniques, quality of produce and demand trends are also changing along with these innovations. The traditional manufacturing techniques were devoid of present day innovations but it cannot be said that they were in total harmony with sustainability. The present day techniques which are influenced by technological up gradations also have their own pros and cons. This study aims to study the synchronism and harmony between silk manufacturing and ecological sustainability along with analyzing the positive and negative impacts of silk manufacturing from sustainability point of view, the effect of technological up gradations on sustainability & economic development of the industry. This analysis studies the degree of association between sustainability and economic development along with analyzing future growth prospects for the segment keeping the objective of sustainability in consideration.

Keywords: Silk manufacturing, ecological sustainability, synchronism, economic development, growth prospects.

| DOI: 10.17148/IARJSET.2021.81029