Jun 6, 2018
Khadi sales soar 25% y-o-y in 2017-18
Jun 6, 2018
Khadi, the handmade fabric associated with Indian freedom struggle, is back in vogue if its sales are any indication. Sales of khadi, including solar and poly vastra, registered a sharp 24.71 per cent increase to Rs 2,503 crore in fiscal 2017-18, over sales of Rs 2,503 crore during the previous fiscal, the Khadi and Village Industries Commission (KVIC) said.
According to KVIC, “the total average khadi sale, which was Rs 914.07 crore during the years 2004 to 2014, jumped to Rs 1,828.3 crore in three years after that, i.e. between 2015 to 2018, with over 100 per cent increase.”
In over two years period since 2015, around 375 new khadi institutions were set up, compared to only 110 such organisations being established in 10-year period from 2004 to 2014, the KVIC said.
In the post-2015 period, the sale of Khadi Yoga Kits has touched Rs 3.41 crore, thanks to Prime Minister Narendra Modi’s push for khadi and yoga.
Meanwhile, the average khadi sale by departmental sales outlets (DSOs) during 2015-18 shot up by 168.24 per cent to Rs 120.09 crore, compared to average sale of Rs 44.77 crore in the 2004-14 decade, media reports said quoting KVIC.
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