1. Indian Crafts Exporters Expecting Their Silver Hurry
Every decade needs its handbook of handicraft. - Liberty Hyde Bailey
The newest excitement in the Indian crafts market is approximately the new thought that, India has
only 1.2% of the market and the handicraft sector stands at $100 million global. Rubbing the salt on
the injuries is still another proven fact that, China, Indonesia and Vietnam are the greatest three
exporters of crafts, around the world.
Although Indian crafts business is showing signs of progress (the first half of the current fiscal year
was $1.07 million, about 24 percent up from $864 million reached in the first half of last year), the
matter of truth is - it's still miles away from the desired top 3 slots. Marriage Textiles Minister
Dayanidhi Maran recently declared that his Ministry will give main concern to construct other
projects and strategies to advertise advertising of handloom services and products and handicrafts.
His ministry has established an export target of $2.2 million, just for crafts section.
Several small exporters, owe their below efficiency to three main factors: unavailability of data
regarding industry needs, their small size and utilization of outdated equipment /technology.
Asia has several USPs to greatly help it become among the main exporters globally.These facets are
Easy accessibility to work, that also at an inexpensive price.
Easy accessibility to recycleables.
High domestic use.
The crafts business provides income for significantly more than six million artisans out of which a
large share is constituted by women artisans often from the weaker parts of the culture. US, Canada,
France, Britain, Italy, and Germany have now been the greatest importers of Indian crafts services
and products. Among the encouraging sign, may be the growth in industries like retail, property etc.
That has increased the need for the handicraft services and products in the urban market.
Despite of all of the good symptoms which we've mentioned above, there are several trouble spots
as well (primarily with the little size crafts section )
Insufficient application of new technologies despite of consciousness.
Insufficient resources for establishing handicraft firms/factories an such like.
Inability in which to stay contact with the market needs and ever changing trends.
Insufficient sufficient infrastructure.
Image issue - The is considered a profitable career selection and is limited to small towns and rural
areas.
Gradually but progressively things are increasing in the Indian crafts market. With the renewed
interest from the current government, the Indian crafts business appears to be well coming to quick
recovery. Corporates also have started taking keen curiosity about its growth would be further
accelerated by the handicraft sector which. Several crafts exporters will also be using as a

2. distribution channel on-line media for going the market. Ideally in the times in the future, Indian
Handicrafts Exporters could be in a position to program one of the amazing success stories of times.
This platform can create a virtuous cycle which will bring prosperity and create huge economic
valuesfor GruhUdyog and give them opportunity to take part in India's growth story, for more
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