Home / Knowledge / News / Textiles / Himachal Handloom Corporation makes record sales
Himachal Handloom Corporation makes record sales
May '12
Himachal Pradesh State Handicrafts and Handloom Corporation traded a record Rs.196 million worth of goods during the just concluded 2011-12 fiscal. This is a noteworthy rise over its 2008-09's sales of Rs.106.062 million.

Mentioning this during a review meeting of the Corporation held under his Chairmanship, the state Chief Minister, Prof. Prem Kumar Dhumal stated the Corporation is a leading undertaking, which has played an active role in showcasing and trading products of the state in Indian as well as world markets.

The Corporation has developed a rapport with the customers, who like to purchase genuine and unique Himachal-made handlooms and handicrafts, the CM said, and added that the diversified efforts have led to a considerable rise in organization's revenue.

The organization has developed expertise in various crafts, particularly production of world-known Kullu and Kinnauri shawls, and has formed weavers and artisans Self Help Groups (SHGs) in Kangra, Kullu, Mandi, Kinnaur and Chamba regions, which produce goods in accordance with demand from local, national and world markets.

The Corporation also requested National Institute of Fashion Technology (NIFT) and National Institute of Design (NID) to extend their services to help the artisans in improving their product designs. This has proved immensely beneficial for weavers and artisans in cooperative sector, SHGs and cluster schemes, Prof. Dhumal said.

Praising the Corporation for achieving Rs. 78.857 million in assured earnings from minimum sales guarantee during last fiscal, significantly above 2008-09's earnings of Rs. 21.105 million, the CM said that earnings from exhibitions alone grew from 2008-09's Rs. 6.1 million to Rs. 15.594 million. Besides, the Corporation also settled dues worth Rs. 22.7 million by March 2012, he added.

The operational losses which were at Rs. 5.474 million in 2008-09, also came down to Rs. 324,000 during 2010-11, and on compilation of final accounts, the Corporation is likely to show positive results, he said.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search