Business Standard

Turnover of Khadi-Village Industries products up 17% to Rs 1.34 trn in FY23

Khadi and Village Industries Commission (KVIC) said that the turnover was Rs 31,154 crore in 2013-14 and it has set a milestone by creating 9,54,899 new jobs in rural areas

khadi, clothes, garment

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Press Trust of India New Delhi

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The turnover of Khadi and Village Industries' products rose by about 17 per cent to Rs 1,34,630 crore in 2022-23 as against Rs 1,15,415.22 crore in 2021-22, KVIC said on Thursday.

Khadi and Village Industries Commission (KVIC) said that the turnover was Rs 31,154 crore in 2013-14 and it has set a milestone by creating 9,54,899 new jobs in rural areas.

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Sales of Khadi and Village Industry (KVI) products touched Rs 1,34,630 crore in 2022-23, which has been the "highest ever", it said, adding production has reached Rs 95,957 crore.

"After Covid-19, the demands for organic clothes have increased all over the world. Owing to this there has been a rapid increase in demand for Khadi garments," it said, adding, "in the last 9 financial years, there has been an unprecedented growth of 332 per cent in the sale of indigenous Khadi products made by artisans in rural areas".

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jun 08 2023 | 10:26 PM IST

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