Khadi and Village Industries Commission (KVIC) Overview
Pro stress-test →KVIC is a statutory body formed in April 1957 by the Government of India under the KVIC Act, 1956, functioning as an apex organisation under the Ministry of Micro, Small and Medium Enterprises to plan, promote, facilitate, organise and assist in the establishment and development of khadi and village industries in rural areas. KVIC has set new records in production, sales, and employment generation, with an increase of 347% in production, 447% in sales, and 49.23% in employment generation over the last 11 years.
Strategic Profile
Pro stress-test →KVIC aims to generate employment opportunities especially in rural areas as a core social objective, produce marketable products through village industries, and foster self-reliance among the poor while strengthening rural community spirit. The commission's developmental programmes are executed through 5,600 registered institutions, 30,138 cooperative societies, and approximately 95 lakh people.
Competitive Landscape
Pro stress-test →KVIC operates through head office in Mumbai and six zonal offices in Delhi, Bhopal, Bengaluru, Kolkata, Mumbai, and Guwahati, with offices in 28 states. As a government statutory body, KVIC functions as a monopoly in khadi promotion, coordinating with 33 state-level Khadi and Village Industries Boards and managing the regulatory framework for traditional textile industries in India.
Industry Context
Khadi and Village Industries Commission (KVIC) operates in Textiles & Handicrafts / Traditional Industries / Rural Development.
Key facts
Founded: 1957 · Headquarters: Mumbai, India · Revenue: Rs. 140,629 crore (FY 2024-25)