Record 77% increase in sales of TRIFED

Due to the massive drive of scaling up the retail marketing activities by TRIFED, the value of Sales has increased from Rs. 11.37 crores in 2016-17 to Rs.20.08 Crores (provisional) during 2017-18,a record increase of 77% and a record sale in the history of TRIFED.

On the sourcing front, TRIFED has made purchases to the tune of Rs. 15.86 Crores (provisional) during FY 2017-18 as compared to Rs.5.95 Crores during FY 2016-17 through its empanelled tribal suppliers/artisans, which is also an increase of 166% over the last financial year.

The increase in procurement has resulted in enhancement of benefit to tribal artisans in terms of employment generation opportunities for 712 suppliers which helped create livelihood opportunities for around 70,000 tribal families during 2017-18 vis-vis 585 suppliers with around 57,500 tribal families during 2016-17 & increase of value of stocks to the extent of 166% purchased from them over the last year.

 

Powered by Capital Market - Live News