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Khadi items sale saw 145% growth from 2014-15 to 2018-19

21
Aug '19
Pic: Shutterstock
Pic: Shutterstock
The Khadi and Village Industries Commission’s (KVIC) turnover crossed ₹74,323 crore in 2018-19 with the sale of khadi products witnessing a growth of over 145 per cent from ₹1,310.9 crore in 2014-15 to ₹3,215.13 crore in 2018-19. Khadi production, worth ₹879.98 crore in 2014-15, rose to ₹1,902 crore in 2018-19, a growth of more than 100 per cent, KVIC said.

Even the village industries reached a turnover of ₹71,123.68 crore in 2018-19 over the 2014-15 figure of ₹31,965.52 crore—a growth rate of 123 per cent, a KVIC statement quoted chairman Vinai Kumar Saxena as saying,.

"Khadi has made an average jump of 62 per cent in khadi fabric production in the last five years, that is, from 103.22 million square metres in 2014-15 to 170.80 million square metres in 2018-19. In the fiscal 2014-15, the share of Khadi in overall textile production was 4.23 per cent, which, in the year 2018-19, has gone up to 8.49 per cent, which is almost double," he said.

Saxena said in the last three-a-and-a-half years, the KVIC had provided over 32,000 new model charkhas (spinning wheels) and 5,600 modern looms, which increased production. (DS)

Fibre2Fashion News Desk – India


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