Having achieved a 34 per cent jump in its turnover for 2017-18, the Khadi & Village Industries Commission (KVIC) has set a target to achieve similar growth in sales for 2018-19 as well.
KVIC, which comes under the Union Ministry of Micro, Small and Medium Enterprise (MSME) Industries, reported a total turnover of Rs 25.08 billion for 2017-18, a growth of 34 per cent from the previous year. Encouraged by the innovative initiatives taken by the government to promote khadi clothes and household articles, KVIC has set a sales target of Rs 32 billion for the current financial year.
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