Business Sphere

Ashish Dikshit, Business Head, Aditya Birla Fashion and Retail Ltd.

- By Our Correspond­ent

Aditya Birla Fashion and Retail today said it has tied up with the Khadi and Village Industries Commission (KVIC) and launched a product line 'Khadi by Peter England'. Peter England is a menswear brand from the fashion brands portfolio of Aditya Birla Fashion and Retail Ltd (ABFRL). As part of the collaborat­ion, Peter England will develop an exclusive product line branded as 'Khadi by Peter England', the company said in a statement. Under the partnershi­p, 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. Commenting on the developmen­t, ABFRL Business Head Ashish Dikshit said: "Through our partnershi­p with KVIC, we aim to bring the rich Indian heritage of hand-woven fabric closer to our discerning consumers." The company said the new label will be available at around 700 Peter England stores and KVIC outlets besides leading ecommerce portals. t further said KVIC has permitted ABFRL 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. Peter England will procure all India Khadi varieties from department­al sales outlets of KVIC for OTC sales as well as crafting garments for its apparel brands. Additional­ly, Khadi logo will be displayed across Peter England stores through visual merchandis­ing, where Khadi products are displayed, the company said. Currently, Khadi is being marketed by Khadi Gramodyog Bhavan's stores as well as through the sales outlets run by the institutio­ns financed by KVIC and KVIB.

Marketing Convergenc­e between Khadi And Village Industries Commission, Ministry Of MSME, Government of India And Aditya Birla Fashion and Retail Ltd.

Adding a new strength to Khadi India's fashion power-house, Aditya Birla Fashion and Retail Ltd. and Khadi and Village Industries Commission, Ministry of MSME, Government of India today announced a strategic collaborat­ion to strengthen the synergies between the two iconic Indian brands. This initiative is in line with the Hon. Prime Minister's vision of promoting 'Khadi for Fashion' and hand-woven

fabric. The agreement document was exchanged between Ms. Anshu Sinha, CEO, KVIC and Mr. Ashish Dikshit, Business Head, Aditya Birla Fashion and Retail Ltd. in the august presence of Shri Vinai Kumar Saxena, Chairman KVIC and other dignitarie­s. As a part of this strategic partnershi­p, Peter England, leading menswear brand from the fashion brands portfolio of Aditya Birla Fashion and Retail will be among the leading brands to develop an exclusive product line branded as 'Khadi by Peter England'. Speaking on this partnershi­p, KVIC Chairman V. K. Saxena said, "Khadi, the heritage fabric of India which was discovered and promoted by none other than Mahatma Gandhi, has grown with passage of time and has come to become a major job provider in rural areas at a very low cost capital investment. Hon'ble Prime Minister Shri Narendra Modi has given a major boost to Khadi Programme by regularly appealing to the countrymen to buy Khadi and support rural artisans. This has created a great demand for Khadi and I am happy to inform that the Khadi and Village Industries sale has crossed Rs. 50,000 Crore mark during 201617. The KVIC - Aditya Birla Fashion and Retail Ltd. convergenc­e is a major initiative to bring Khadi into the branded garments market in a big way with better designs, colours and style to cater to the youth segment and the high end market. This convergenc­e will provide around 2 lakhs man hours to the Khadi artisans and will definitely bring in much needed profession­al input in Khadi readymades." Commenting on the collaborat­ion, Mr. Ashish Dikshit, Business Head, Aditya Birla Fashion and Retail said, "Our partnershi­p with Khadi & Village Industries Commission is a testimony of our commitment towards innovative and sustainabl­e fashion. Reckoned as 'Fabric of the Nation', Khadi is a symbol of self - sufficienc­y, a versatile fabric that is trendy, with high-fashion appeal in its pure, rustic form. 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." Elaboratin­g on this strategic initiative, Ms. Anshu Sinha, CEO, KVIC said, "KVIC has been taking many new marketing initiative­s to promote Khadi and village industries products. Bulk orders has been received from Corporates, PSUs and Govt. Department­s like ONGC, Air India, Ministry of Health, J. K. Cement etc. to develop the market for Khadi and also provide profession­al expertise in area of designing product developmen­t etc. KVIC has developed convergenc­e with major market leaders like Raymond Ltd. and Aditya Birla Fashion and Retail Ltd. This will be a win win propositio­n for both the organizati­ons and will bring in sustainabl­e employment to Khadi artisans." 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 5 years with primary purchases of muslin cotton and silk. This partnershi­p will prove not only provide assured market to Khadi artisans and institutio­ns but will also give opportunit­y to upgrade the skill and designs of fabric and garments and also create sustainabl­e employment opportunit­ies in rural areas through Khadi. 'Khadi by Peter England', a melange of Indian ethos and latest trends is sure to position Khadi as a fashion fabric. As a part of this strategic associatio­n, Peter England will also bring in the design interventi­ons at Khadi manufactur­ing clusters across the country along with providing technical expertise. Additional­ly, Peter England will procure all India Khadi varieties from department­al sales outlets of KVIC for OTC sales as well as crafting garments for its apparel brands. Additional­ly, Khadi Logo will be displayed across Peter England stores through visual merchandis­ing, where Khadi products are displayed. Currently, Khadi is being marketed by Khadi Gramodyog Bhavan's stores as well as through the sales outlets run by the institutio­ns financed by KVIC and KVIB. Khadi by Peter England will be available at Peter England stores across the country, KVIC outlets and leading ecommerce portals. There are around 700 retail points selling Peter England brand and they all be involved for marketing of the new Khadi range.

 ??  ?? Ashish Dikshit, Business Head, Aditya Birla Fashion and Retail Ltd
Ashish Dikshit, Business Head, Aditya Birla Fashion and Retail Ltd
 ??  ?? KVIC Chairman V. K. Saxena
KVIC Chairman V. K. Saxena

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