Raymond has entered into a Memorandum of Understanding (MoU) with Khadi & Village Industries Commission (KVIC) to launch a co-branded fabric and garment - Khadi by Raymond.
Through the public private partnership, a range of fabric and garments will be developed which will be sold through the 1,080 Raymond outlets and 7,000 outlets of KVIC. The textile major will be sourcing the Khadi and adding value in terms of design and get commission for using the KVIC trademark from the co-branded initiative.
Raymond has already donated 50 spinning wheels to KVIC and this joint imitative is expected to result in employment of 2.10 main hours for spinners and weavers.
