KVIC sole FMCG to post Rs.1.15-trn biz
Khadi and Village Industry Commission weaves a 20.54% growth from Rs. 95,741.74-cr in FY21
New Delhi: The Khadi and Village Industries Commission (KVIC) has clocked a massive turnover of Rs1.15 lakh crore, which is unprecedented for any FMCG company in India.
This makes KVIC the only company in the country to record a turnover of Rs 1 lakh crore or more at a whopping Rs1,15,415.22 crore as compared to Rs95,741.74 crore posted in the previous financial year, i.e., 2020-21. KVIC Chairman Vinai Kumar Saxena said: "Khadi's phenomenal growth has come due to the constant support of Prime Minister Narendra Modi to promote Khadi in the country.
At the same time, innovative schemes, creative marketing ideas and active support from various ministries have also added to Khadi's growth in recent years." KVIC has thus registered a growth of 20.54 per cent from the year 2020-21. Compared to 2014-15, the overall production in Khadi and Village Industry sectors in 2021-22 registered a whopping growth of 172 per cent while the gross sales during this period increased by over 248 per cent.