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02-May-2017

Sale of Khadi products shot up by 33 per cent to Rs. 2,005 crore in the fiscal year 2016-17, from Rs 1,510 crore a year ago. It expects to surpass the sales target of Rs. 5,000 crore in 2018-19, Khadi and Village Industries Commission (KVIC) in a statement said.

KVIC is also setting up export cells to promote overseas sales of the products, its chairman Vinai Kumar Saxena has said.

While the overall sales of both Khadi and village industries rose over 24 per cent to approximately Rs. 51,996 crore in 2016-17, the production had also shot up over 23 per cent to Rs. 42,506 crore, the statement said.

KVIC products are manufactured by about seven lakh privately-owned household units, which are funded through schemes such as Prime Minister's Employment Generation Programme.

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