SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 24 May, 2017  

khadi-kvicTHMB.jpg Peter England gets KVIC approval to come up with Khadi range

Peter.England.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 24 May, 2017
Aditya Birla Fashion and Retail Ltd and the Khadi and Village Industries Commission (KVIC) on Tuesday announced a strategic collaboration under which the fashion brand will develop an exclusive product line branded as 'Khadi' by Peter England.

This initiative is in line with the Prime Minister Narenda Modi's vision of promoting 'Khadi for Fashion' and hand-woven fabric.

The agreement document was exchanged between KVIC CEO Anshu Sinha and Aditya Birla Fashion and Retail Ltd business head Ashish Dikshit, in the presence of KVIC Chairman Vinai Kumar Saxena and other dignitaries.

"Khadi is a brand which is protected by the act of Parliament. Our simple aim is to protect Khadi and that's why we are taking lot of stringent actions," Saxena told news agency when asked if KVIC approved Khadi is the step towards making the fabric patented.

"We have seen in several places that khadi products are sold inspite of the fact that they are not khadi so its our duty to protect the fabric as this gives livelihood to many people too. We have been given this right to protect and that's out we gave given certification to some big company who have started selling khadi-based collections," he added.

As a part of this strategic partnership, Peter England, a portfolio of Aditya Birla Fashion and Retail, will be among the leading brands to develop an exclusive product line branded of khadi apparel.

Dikshit said: "Our partnership with Khadi & Village Industries Commission is a testimony of our commitment towards innovative and sustainable fashion.

"Authentic, Indian products resonate strongly with the Indian consumers and there is an increasing demand for hand-made fabric, that stays true to its roots and exudes simplicity and vogue at the same time. Through our partnership with KVIC, we aim to bring the rich Indian heritage of hand-woven fabric closer to our discerning consumers."

This initiative is conceptualized under KVIC Act that permits it to promote the sale and marketing of Khadi or products of Village industries or handicrafts and forge links with established marketing agencies through the PPP mode.

Under this convergence, Peter England has agreed for a guaranteed minimum procurement of Khadi and Khadi products for a period of five years with primary purchases of muslin cotton and silk.

The collection will be available at Peter England stores across the country, KVIC outlets and leading ecommerce portals.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter