The ERP system will improve productivity, increase efficiencies, decrease costs and streamline supply of raw material processes in NHDC, an official release said.
NHDC has thus become the first PSU under the Textiles Ministry to have the ERP system, it said.
This system will significantly benefit the weavers, who are the primary beneficiaries of the government's yarn supply scheme, the release said.
It will also result in higher transparency and accountability, making the corporation's activities visible for all stakeholders, it added.
In a separate statement, the textiles ministry said that Gangwar laid the foundation stone for the integrated complex at Indian Institute of Handloom Technology (IIHT) Varanasi today.
"The Government of India has decided to set up an Integrated Textile Office Complex (ITOC) at Indian Institute of Handloom Technology (IIHT), Varanasi," it said.
The proposed office complex will house all offices in Varanasi under the Ministry of Textiles, which work for the welfare of weavers.
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