India’s Khadi and Village Industries Commission (KVIC) has stated that the segment had a great business in 2018.
It reported that khadi sales for the year surged 32 percent to Rs. 2,510 crore. An increase of 40 percent in the fabric production was also recorded to 142 million square meters from 103 million square meters.
“In the FY 2017-18, the sale of Khadi has grown to Rs. 2,510 crore, i.e. 26 percent up with respect to Rs 2,007 crore in FY 2016-17. But if we consider the calendar year we have recorded 32 per cent sales in 2018,” said Vinai Kumar Saxena, chairman at Khadi and Village Industries Commission (KVIC).
KVIC’s plans to take khadi to the global markets also received a major boost during the year as the organisation managed to exhibit khadi products in over 10 different countries.
“Khadi was also the theme-line during the National Day event of Montenegro. We did exclusive exhibitions in 10 different countries on 15th August of the year gone by displaying to the world the most niche products supplied by the KVIC,” Saxena added.
