Rajkot: The government's FDI policy will help increase sale of khadi products in the country and abroad, Khadi Village Industries Commission (KVIC) President Devendra Desai said on Monday.

"I personally believe that FDI policy will be profitable in increasing khadi sale in India and abroad," Desai said here.

"Healthy competition would be created in the country with the implementation of FDI policy, which will also help to strengthen the country's economy system and will lead to increase in khadi sale," Desai said while announcing rebate on khadi from Tuesday to March end next year.

Presently, khadi export is around Rs 70 crore and KVIC hopes that it would reach around Rs 200 crore as they are organising exhibition-cum-sales in foreign countries, and have got a successful response in France and Brazil.

"KVIC has also tied up with country's leading designer institutes like ITI-Delhi, NID and NIFT to introduce latest designer clothes," he said.

He appreciated Gujarat government's decision to give 10 percent rebate on khadi material produced in the state.

The Saurashtra Rachnatmak Samiti has set a target of selling khadi-based products worth Rs 6 crore in Gujarat, he added.


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