Giriraj Singh announced a target of US$10 billion in handloom exports by 2031

Giriraj Singh announced a target of US$10 billion in handloom exports by 2031

¨     Giriraj Singh announced a target of US$10 billion in handloom exports by 2031.

¨     He made this statement at the 43rd Foundation Day event of the National Handloom Development Corporation.

¨     The event was held in New Delhi. He emphasized the important role of the handloom sector in earning livelihoods.

¨     He said that this industry sustains traditional and indigenous production systems.

¨     He appealed to citizens to support Swadeshi textiles.

¨     He inaugurated a special handloom expo during the event. This expo will run until March 2.

¨     He outlined the future roadmap for NHDC's initiatives. He praised the corporation's continued efforts to strengthen the weaving community.

¨     The National Handloom Development Corporation was established by the Government of India on February 22, 1983.

¨     Its purpose was to create a national-level agency to support the rapid development of the handloom sector.

¨     On 27 September 2010, NHDC Limited was upgraded from a Schedule 'C' to a Schedule 'B' Central Public Sector Enterprise.