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India's khadi exports touch Rs. 770mn in Apr-Jan

02
May '12
India's Khadi and village industries (KVI) items exports reached Rs. 770 million during the initial nine months of the last fiscal, an official release stated.

Exports of KVI items from India stood at Rs. 828.2 million in 2009-10, while that for 2010-11 stood at Rs. 1.168 billion.

Embroidery items, silk and muslin khadi textiles and readymade garments were among the main KVI products that were exported during the last three years.

The Government of India has been trying to boost exports of KVI products, and has conferred the Khadi and Village Industries Council (KVIC) with the deemed 'Export Promotion Council' status, following which the council has already enlisted over 900 exporters by now.

Also, the Government has made a provision for incentive, which is in the form of five percent free on board (FOB) value of direct export of KVI items.

The XII Five-Year Plan proposal envisages technological upgradation, high value addition and patenting of KVI items, also aimed at enhancing exports.

Meanwhile, KVIC is also focusing on quality participation in international exhibitions and overseas buyer-seller meets, as these are also believed to boost exports.

Fibre2fashion News Desk - India


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