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MP Handloom Corp ups sales target by 13% this fiscal
02
Jan '12
Madhya Pradesh Handicrafts and Handloom Development Corporation, working under the Department of Rural Industries under the State government of Madhya Pradesh, located in central India, has increased its sales target for the current fiscal by nearly 13 percent.

Compared to last fiscal's sales figure of Rs. 101.8 million achieved through its emporia, the Corporation has set a target of Rs. 115 million for 2011-12 fiscal.

The Corporation has already achieved sales of Rs. 87-90 million this fiscal and is all set to achieve the new target set for the ongoing fiscal year.

The outlets of the Corporation mainly deal in handloom items that constitute around 90 percent of its products and the remaining 10 percent are handicraft items.

Around 66,000 handloom weavers are currently engaged by the Corporation to work on the 22,000 looms under its ownership.

The State of Madhya Pradesh has eight large handloom clusters – Chanderi, Gwalior, Maheshwar, Mandsaur, Rajgarh, Sausat, Sivhare and Vara Sivni.

Fibre2fashion News Desk - India

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