KVIC Aims for ₹2.51 Lakh Crore Business Target by FY 2027
KVIC sets ambitious Rs 2.51 lakh crore business target for FY 2027

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The Khadi and Village Industries Commission (KVIC) has set an ambitious business target of ₹2.51 lakh crore for FY 2027, following a record ₹1.87 lakh crore in FY 2026. The initiative aims to enhance employment, entrepreneurship, and the market presence of khadi products, especially among youth.
- 01KVIC Chairman Manoj Kumar announced the business target of ₹2.51 lakh crore for FY 2027.
- 02Currently, Khadi Gram Udyog provides employment to over 2 crore individuals across India.
- 03The Prime Minister's Employment Generation Programme (PMEGP) has disbursed ₹30,000 crore in margin money, facilitating the establishment of over 10 lakh units.
- 04KVIC plans to launch a dedicated e-commerce platform to cater to the increasing demand for khadi products among young consumers.
- 05Khadi has transformed into a fashion statement, with initiatives such as participation in Moscow Fashion Week to promote its global appeal.
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The Khadi and Village Industries Commission (KVIC) has set an ambitious target of achieving ₹2.51 lakh crore in business by the end of the financial year 2027, following a record performance of approximately ₹1.87 lakh crore in FY 2026. KVIC Chairman Manoj Kumar emphasized the sector's potential for employment generation, stating that Khadi Gram Udyog currently employs over 2 crore people in India. The commission is focused on strengthening the entire ecosystem related to khadi production, sales, and post-sales activities to ensure sustainable livelihoods. Kumar highlighted the significant role of the Prime Minister's Employment Generation Programme (PMEGP), which has provided ₹30,000 crore in margin money, aiding the establishment of more than 10 lakh units. Additionally, KVIC is preparing to launch an e-commerce platform to meet the growing demand for khadi products, particularly among the youth, who have increasingly embraced khadi as a fashion statement. The sector's transformation has been marked by initiatives such as participation in international fashion events.
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The ambitious target set by KVIC is expected to enhance employment opportunities and entrepreneurship in rural areas, significantly impacting local economies.
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