Textile conglomerate Raymond has place largest bulk order worth over Rs2 crores with the the Khadi and Village Industries Commission ( KVIC) for the supply of 98000 metres of khadi fabric. This is a major boost for Khadi.
Of the total 98000 meters of fabric, 32000 meters will be supplied by the end of this month and the rest by May end.
KVIC Chairman VK Saxena, confirming receipt of the order said that it is the largest ever order received by KVIC from any corporate giant. Khadi is heralding the entry of corporate and private sector giants into marketing of Khadi fabric and thus providing sustainable employment and livelihood support to the artisans.
Raymond CEO Sanjay Behl said that this order comes after an agreement was signed between Raymond Ltd and KVIC in December 2016. As per the agreement Raymond will procure minimum of Rs 2.50 crore worth fabric every year.
After joint visits, Raymond has selected various clusters from Gujarat, Rajasthan and other places to procure grey and finished Khadi fabric .
Raymond will be providing design inputs to create high end designer wears using Khadi fabric.
Earlier in the months of January and February, Raymond took more than 6000 meters of various different fabrics from KVIC for testing and sampling..
Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.
Sunrise has started building a textile factory in Morocco through its newly formed subsidiary, Euwen Textiles. Construction has begun in…
Tendam, in partnership with the University of Design, Innovation and Technology, has released a new study examining the carbon footprint…
Researchers from Latvia have identified mycelium-based insulation as the most promising reuse option for fast-fashion textile waste.
A breakthrough has revealed a new way to convert PET from plastic bottles and synthetic textiles into key components used…
The proposed India–New Zealand Free Trade Agreement (FTA) is expected to significantly strengthen Indian exports.