Active Stocks
Thu Apr 18 2024 15:29:55
  1. Tata Steel share price
  2. 161.10 0.66%
  1. Power Grid Corporation Of India share price
  2. 281.45 2.59%
  1. NTPC share price
  2. 353.25 -1.67%
  1. Infosys share price
  2. 1,429.85 1.07%
  1. Wipro share price
  2. 445.50 -0.69%
Business News/ Politics / Policy/  Railways to run Khadi Express train to create awareness about khadi products
BackBack

Railways to run Khadi Express train to create awareness about khadi products

The five-bogie Khadi Express train would also have the facility to sell the Khadi products to people and will run through all those places in the country where Mahtama Gandhi had stayed

According to KVIC, the Khadi turnover was Rs 811 crore in 2014-15 and it increased to Rs 2,509 crore in 2017-18. Photo: MintPremium
According to KVIC, the Khadi turnover was Rs 811 crore in 2014-15 and it increased to Rs 2,509 crore in 2017-18. Photo: Mint

New Delhi: State-run Khadi and Village Industries Commission (KVIC) has said the sale of Khadi products rose over three-folds in the last three fiscals and ‘Khadi Express’ train will be run to create awareness about the segment.

According to KVIC, the Khadi turnover was 811 crore in 2014-15 and it increased to 2,509 crore in 2017-18.

“We have written a letter to Indian Railways for running a Khadi Express train which would exhibit Khadi products linked with Mahatma Gandhi in view of his 150th birth anniversary," KVIC Chairman Vinai Kumar Saxena told PTI BHASHA.

The five-bogie Khadi Express train would also have the facility to sell the Khadi products to people and will run through all those places in the country where Mahtama Gandhi had stayed. The train will be stationed at those stations for one day.

The demand of Khadi products has increased as Prime Minister Narendra Modi himself appealed to the people of the country to buy these clothes, he said. Saxena said the sale of Khadi products grew at an average rate of 6.68 per cent per annum during 2004 to 2014, but it grew at the rate of 37% in the last four years.

The number of sales outlets for Khadi products has been increased to 1,060 in the last four years, he said adding exhibitions were organised in 50 countries on 2 October to create demand for such products.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 26 Nov 2018, 09:10 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App