Banka Silk Private Limited

In their own words

Banka Silk, Company Profile Banka Silk is a brand that is focusing on empowering artisans and weavers from all over the country and is committed to creating employment and educational opportunities for them in the field of textile craft. Udyan Singh, Founder and CEO of Banka Silk, is a passionate leader and an enthusiastic professional. A pioneer in film-making, he turned into a social entrepreneur and a humanitarian, Udyan ventured into the industry to make it big and has been lending his expertise to the sector ever since. With the epicenter of the empowerment and the company hub being Bihar and Jharkhand, the company is encouraging local talent across India. Believing in the abilities, creativity and dedication of the native artisans, the brand is focusing on steering them in a productive direction where they can carve a better future and pave their own paths to success. Banka Silk understands where the workers are coming from; it acknowledges their roots and their concern of feeding their families and grows into local entrepreneurs who set an example for their next-generation. Therefore, the brand has partnered with over 40,000 artisans and weavers to not only bring their innovative ideas and untethered spirit to work and evolve into the light, but also to help them learn and assist Banka Silk’s team of designers in creating a designer market products pan India. Blending traditional techniques, local material, with exceptional artisanal skills, the brand is encouraging the native artisans to achieve economic independence while simultaneously bringing the finest artifacts to the world market. Banka silk envisions creating an aesthetically-fuelled platform for their consumers to purchase quality, artsy products directly from the weavers and native artisans while establishing a symbiotic relationship between the two. In the past 5 years, Banka has come a long way while addressing social concerns and working towards them. Recently Banka has associated with PWC division of Maharashtra Government, where they are planning on developing silk industries in the districts of Bhandara / Gadchiroli as part of the Maharashtra Employment Mission project. Banka Silk has associated with Welspun India Limited, the global home textile which launched Project Saksham with intent to connect with Welspun and their employees residing in Bihar and Jharkhand. The initiative is further reassuring the workers about their well-being along with creating awareness about precautionary measures for COVID-19 in the local communities. The collaboration with Welspun Banka is resulting in an expanded reach and has covered over one lakh individuals across 15 districts including Banka, Bhagalpur, Dumka, Godda, Patna, Gaya, Madhubani. Distributing masks and relevant informatory material, the allegiance is focusing on educating people about the safety guidelines and measures taken by Banka Silk's members. The company launched in 2015 consists of a team of motivated individuals who are relentlessly working towards minimizing the gap between the local weavers and the end-consumers. Providing access to the global market, Banka Silk is focusing on building a fair and consistent pay-scale for these artisans to live and thrive on. Investing most of the profit of the business in education and training programs for the local weavers and their communities, Banka Silk is striving to create a difference in society as it does its bit for it. Looking forward to climbing the ladder of success and going large, the brand is focusing on being a leading enabler in the handloom and handicraft industry. With extensive product lines and producing quality tussar, cotton, linen with other beautiful blends, the brand exhibits a vast portfolio in the industry. Using eco-friendly products and sustainable practices along with maintaining the authenticity of their products and the craft, Banka Silk is on the road to expanding the brand across the maps by the passing day. Establishing strong linkages with renowned fashion institutions of India as knowledge partners, the company is treading on the path of mutual success and collective growth.

Written by the company on its public Startup India profile. Not verified by us.

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