Handloom products under brand 'Tantuja' and 'Manjusha' reports profit

Handloom and handicraft products of West Bengal, sold under brand names 'Tantuja' and 'Manjusha' respectively, have registered huge profit in the last few years and are now become profit-making bodies, the state assembly was informed on Monday. Both 'Tantuja' and 'Manjusha' were state government undertakings.

"Tantuja has started making operating profits from the financial year 2012-13. In 2017-18, the turnover of Tantuja was Rs 204.90 crore and profit was around Rs 10.26 crore," Mitra said in the assembly. On Manjusha, he said its turnover in a 2017-18 financial year is Rs 91.04 crore and profit was Rs 5.87 crore.

Coming up with new designs of sarees and products such as jackets and scarves have led to the increase in sales, he said.

(With inputs from agencies.)