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 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search