Khadi and Village Industries Commission Sets New Record
ECONOMY & POLICY

Khadi and Village Industries Commission Sets New Record

The Khadi and Village Industries Commission (KVIC) has achieved a historic milestone, surpassing a turnover of ?1.7 lakh crore for the first time in independent India’s history. This remarkable feat was achieved under the leadership of Prime Minister Shri Narendra Modi, as KVIC released provisional data for the financial year 2024-25, highlighting impressive growth across key sectors.

Chairman of KVIC, Shri Manoj Kumar, unveiled the figures which revealed a fourfold increase in production and a fivefold increase in sales over the past 11 years. In particular, the total employment generated by KVIC saw an extraordinary 49.23% growth, with the commission now providing jobs to 1.94 crore individuals.

“The growth of Khadi and Village Industries has become a symbol of India’s journey towards self-reliance, under the vision of Prime Minister Modi,” said Shri Kumar. “This achievement is not just in terms of numbers, but it also reflects the growing role of Khadi in shaping ‘Ek Bharat, Shreshtha Bharat,’ a united and prosperous India.”

KVIC has also made significant strides in employment generation, particularly in rural India. The number of people employed in Khadi and Village Industries has grown from 1.30 crore in 2013-14 to 1.94 crore in 2024-25, marking a 49.23% increase. The commission’s efforts have helped empower rural artisans and contribute to the nation’s economic development.

KVIC’s record-breaking performance also includes impressive growth in the business of the Khadi Gramodyog Bhawan in New Delhi, which reached ?110.01 crore in 2024-25, a 115% increase from ?51.02 crore in 2013-14.

The Pradhan Mantri Employment Generation Program (PMEGP) has played a crucial role in these achievements, with over 10 lakh units established and over ?27,166 crore in margin money subsidies provided. Moreover, KVIC has expanded the Gramodyog Vikas Yojana Scheme, distributing thousands of machines and equipment to support rural industries and enhance employment opportunities

The Khadi and Village Industries Commission (KVIC) has achieved a historic milestone, surpassing a turnover of ?1.7 lakh crore for the first time in independent India’s history. This remarkable feat was achieved under the leadership of Prime Minister Shri Narendra Modi, as KVIC released provisional data for the financial year 2024-25, highlighting impressive growth across key sectors. Chairman of KVIC, Shri Manoj Kumar, unveiled the figures which revealed a fourfold increase in production and a fivefold increase in sales over the past 11 years. In particular, the total employment generated by KVIC saw an extraordinary 49.23% growth, with the commission now providing jobs to 1.94 crore individuals. “The growth of Khadi and Village Industries has become a symbol of India’s journey towards self-reliance, under the vision of Prime Minister Modi,” said Shri Kumar. “This achievement is not just in terms of numbers, but it also reflects the growing role of Khadi in shaping ‘Ek Bharat, Shreshtha Bharat,’ a united and prosperous India.” KVIC has also made significant strides in employment generation, particularly in rural India. The number of people employed in Khadi and Village Industries has grown from 1.30 crore in 2013-14 to 1.94 crore in 2024-25, marking a 49.23% increase. The commission’s efforts have helped empower rural artisans and contribute to the nation’s economic development. KVIC’s record-breaking performance also includes impressive growth in the business of the Khadi Gramodyog Bhawan in New Delhi, which reached ?110.01 crore in 2024-25, a 115% increase from ?51.02 crore in 2013-14. The Pradhan Mantri Employment Generation Program (PMEGP) has played a crucial role in these achievements, with over 10 lakh units established and over ?27,166 crore in margin money subsidies provided. Moreover, KVIC has expanded the Gramodyog Vikas Yojana Scheme, distributing thousands of machines and equipment to support rural industries and enhance employment opportunities

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App