A 30 per cent special rebate sale for Deepavali festival was launched at the Co-optex outlet in Krishnagiri on Thursday.

Collector Mr. V. Arun Roy inaugurated the special rebate sale and had a glance at the silk and designer sarees show-cased at the outlet.

Inaugurating the sale, Mr. Roy made an appeal to the public to join in the regular monthly savings schemes introduced by the Co-optex, for the members of the savings scheme need not pay the last instalment, as it would be borne by the Co-optex as an incentive.

He said the sales target fixed for the Deepavali season was Rs. 50 lakhs. During the last Deepavali season the sales was Rs. 39 lakhs.

The sales in the outlet touched Rs. 38.90 lakhs between April 1 to August 31 this year against the (2010-2011) sales target of Rs. 1.60 crore. The total sales during the last fiscal (2009-2010) was Rs. 1.38 crore, as it was the Platinum Jubilee for the Co-optex, he added.

He said the sales target fixed for the Salem region for the current financial year was Rs. 21 crore. Deepavali special sales target fixed for the year is Rs. 6.45-crore against the sales of Rs. 5.14 crore during the last fiscal.

To mark the festival celebrations, additional 5 per cent rebate would be given to the students and media personnel.

New designer saris and other textile materials were introduced for this festive season for sale across the 13 sales outlets in Salem region which includes Salem, Dharmapuri and Krishnagiri districts.