Raymond, KVIC launch India's first branded Khadi label

Image
IANS Mumbai
Last Updated : Dec 06 2016 | 8:14 PM IST

The Khadi & Village Industries Commission and Raymond Ltd. have joined hands to launch India's first branded Khadi label as part of a strategic marketing initiative for the product from February 2017, it was announced here on Tuesday.

By this, KVIC will permit Raymonds to use the Khadi Mark, branded as 'Khadi by Raymond' and the latter will source all its Khadi requirements from stores in Mumbai and Delhi.

Besides positioning Khadi as a "fashion fabric" globally, the initiative is expected to generate incremental employment of around 2.10 lakh man-hours for spinners and weavers.

'Khadi by Raymonds' will hit the stores at KVIC outlets and Raymond shops across the country from February 2017 and also be available online.

The agreement was signed between KVIC CEO Usha Suresh and Raymond Ltd CEO Sanjay Behl in the presence of KVIC Chairman Vinai Kumar Saxena and Raymond Ltd Chairman & Managing Director Gautam Hari Singhania.

Terming it as a historic partnership between KVIC and Raymond for value-added marketing of Khadi, Saxena said its in tune with the Make In India initiative and help bridge the rural-urban industry divide.

"Spinning the 'charkha' has always been a symbol of self-reliance and now Raymond has Khadi, a true Indian fabric as part of its product portfolio. It will create multiple employment opportunities and empower artisans, especially the women, in rural areas," said Singhania.

Suresh said by this partnership, Khadi would be promoted as a global and fashionable fabric and Raymond will provide a khadi niche among the fashion conscious global Indians who love genuine hand-spun fabric.

In view of evolving trends of customers' preferences, Behl said through the partnership, Raymond will promote Khadi globally and offer a wide array of fabric blends and garments spanning suits, jackets, shirts, trousers in tune with international design and quality trends.

--IANS

qn/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 06 2016 | 8:04 PM IST

Next Story