Product sales of India’s Khadi and Village Industries Commission (KVIC) in 2018 rose by 32 per cent to Rs. 2,510 cr ($358.6 mn), boosted by the increase in fabric production by at least 40 per cent, according to KVIC Chairman Vinai Kumar Saxena. Khadi fabric production rose by 38.30 mn sqr mtr (sq mtr) to 142 mn sq mtr from 103 mn sq mtr.
In fiscal 2017-18, the sale of khadi grew to Rs. 2,510 cr, which was 26 per cent higher than the RS. 2,007 cr cloaked in the previous fiscal, Saxena said. KVIC products were exhibited in over 10 different countries in 2018 and was the theme-line during the national day event of Montenegro, he said. KVIC expects to touch a sales target of RS. 5,000 cr ($689 mn) by the end of fiscal 2018-19, he added.
