Indian Economy News

Textile Ministry to ink Deal With Flipkart

New Delhi: The government has also got onto the Flipkart bandwagon.

The ministry of textiles will on Monday sign an agreement with the online retailer that has been in the news for its recent capital raising.

The retailer is set to breach in $3 billion in sales this year and is currently valued at over $7 billion.

The company will provide an online platform to handloom weavers for selling their products.

The agreement will be inked by the office of the Development Commissioner for Handlooms under the Ministry of Textiles.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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