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Khadi products sales rise by 447% in FY2024-25: MSME report

 

From Rs 31, 154.19 crore in 2013-14, sales of ‘khadi’ (handspun and handwoven cloth) and village industry products rose by 447 per cent to Rs 170,551.37 crore (approximately $20.47 billion, based on current exchange rates) in FY2024-25, as per a report by the Ministry of Micro, Small andMedium Industries.

At the same time, MSME goods production increased by 347 per cent to Rs 116,599.75 crore (approximately $14.02 billion ) in the last fiscal year, up from Rs 26,109.07 crore (approximately $3.14 billion) in 2013-14. Similarly employment generation in the sector increased by 49.23 pr cent, as per the report.

Production of ‘khadi’ clothing specifically grew from Rs 811.08 crore (approximately $97.5 million ) in 2013-14 to Rs 3,783.36 crore (approximately $454.7 million) in 2024-25. Sales of these clothes increased from Rs 1,081.04 crore (approximately $130 million) in 2013-14 to Rs 7,145.61 crore (approximately $858.4 million) in the last financial year.

While in FY2013-14, the sector employed 13 million people, this rose to 19.4 million in 2024-25, marking an increase of 49.23 per cent, the report adds.

 
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