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KVIC reports Rs 1.15 lakh cr record turnover in FY22; becomes "only company" in country to post ....
The Khadi and Village Industries Commission (KVIC) reached a record turnover of Rs 1.15 lakh crore in 2021-22, growing at a rate of 20.54 per cent from the previous year, the government said on Saturday.
KVIC has achieved a height that was a distant goal for all FMCG firms in India, according to the MSME ministry. "Thanks to the constant support of Prime Minister Narendra Modi, KVIC has, for the first time, clocked a massive turnover of Rs 1.15 lakh crore, which is unprecedented by any FMCG company in the country. This makes KVIC the only company in the country to have recorded a turnover of Rs 1 lakh crore," the statement said.
KVIC's overall turnover in the last fiscal year was Rs 1,15,415.22 crore compared to Rs 95,741.74 crore in 2020-21. Therefore, KVIC has grown by 20.54 per cent from 2020 to 2021.