APCO to weave Rs 150 cr in turnover

Vijayawada, Apr 17 (UNI) Andhra Pradesh State Handloom Weavers Cooperative Society Limited (APCO) Chairman G Jaganadham said here today the society had targeted a turnover of Rs 150 crore during the current fiscal as against last year's Rs 113 crore.

Participating in 'Workshop on Action Plan 2006-07,' Mr Jaganadham said APCO was established for marketing handloom products made by weavers' societies besides supplying cloth to government departments in Andhra Pradesh.

APCO had diversified into home furnishings and opened a showroom at Hyderabad. It also intended to export them to European countries.

The society had come out with latest and contemporary designs without losing sight of tradition, he added.

APCO had organised more than 500 road shows during 2005-06 and proposed to hold 1000 road shows during 2006-07 to popularise handloom textiles. About one lakh weaver families were benefited from the society.

'Ahimsa Silk,' a silk cloth produced without killing silk worms by adopting new techniques, developed by APCO, was unveiled during the workshop.

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