The KVIC, which had served a legal notice to Madura Fashion earlier this week to stop the use of trade mark 'Khadi', has also sought its response within 15 days of receipt of the notice.
The Birla Group company has already registered Khadi as trade mark under the Intellectual Property Act.
The notice was triggered by an advertisement by the company in a national daily last month to promote its apparel under the brand name 'Peter England'.
He, however, refused to name the companies as work is still in progress.
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He was speaking to reporters after inaugurating a sales outlet and an exclusive exhibition of KVIC products in the consumer stores of the income tax headquarters here.
Speaking about the revenue of KVIC, Saxena who assumed the charge nearly three months ago, said "the current annual turnover of KVIC is around Rs 37,000 crore and we have plans to take it to Rs 40,000 crore in next year."
He said 'make-in-India' is possible only through making in villages.
With zero carbon foot print, Khadi is the most eco-friendly cloth, he added.
Saxena also emphasised that KVIC is the only hand holding organisation which provides support right from beginning to the end in the form of from training, loan facility.