India’s Khadi & Village Industries Commission (KVIC has noted an increase of 33 per cent in sale of products from Rs. 1,510 crore a year ago to Rs. 2,005 crore in 2016-17.
The KVIC has expressed hope to surpass the sales target of Rs. 5,000 crore in 2018-19. It is also setting up export cells to promote overseas sales of the products, stated KVIC Chairman VK Saxena in a statement.
While the overall sales of both Khadi and village industries rose over 24 per cent to approximately Rs. 51,996 crore in 2016-17, the production had also shot up over 23 per cent to Rs. 42,506 crore, the statement said.
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KVIC products are manufactured by about 7 lakh privately-owned household units. The body is responsible for the planning, promotion, organization and implementation of programmes for the development of khadi and other village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary.
