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


Interviews View All

Ghanshyam Ghoghari, Kimora Fashion

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Krishnanand Tripathi, Textrade International Ltd

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Top executives, Retailers

Top executives
Retailers

Weak rupee breeds inflation

Eric Schoeller,

Eric Schoeller

Groz-Beckert is the world's leading provider of industrial machine...

Martina Giorgetti,

Martina Giorgetti

Italy-based Cibitex is a manufacturer of textile finishing machinery,...

Lukas Hartmann,

Lukas Hartmann

Intex Consulting GmbH is a completely integrated enterprise resource...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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

Leave your Comments


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search