Home / Knowledge / News / Textiles / NHDC anticipates reaching Rs8000 mn turnover
NHDC anticipates reaching Rs8000 mn turnover
17
Dec '08
After achieving the most lucrative turnover of Rs6000 million in the 2007-08 fiscal, National Handloom Development Corporation (NHDC), is optimistic to hit the target of Rs8000 million in the current financial year.

Mr S K Srivastava Deputy General Manager for NHDC, confirming the news to Fibre2fashion.com said that the Corporation is expecting a robust growth of around 33 percent in the ongoing fiscal.

NHDC provides subsidised raw materials like wool, cotton, rayon, cotton, silk, dyes and chemicals and other logistics support to unorganised artisans and works closely with the Handloom Export Promotion Council (HEPC) for helping the export-oriented handloom units.

The corporation organizes expositions like WoolFab and SilkFab in various metropolitan cities.

Around 35 million people are directly or indirectly associated with the handloom sector, one of the largest employment provider after agriculture.

NHDC has set up marketing complexes in Mumbai, Bangalore, Kolkata, Indore, Kanpur, Hyderabad and Jaipur, to protect weavers from middlemen and suppliers.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search