India is one of the important suppliers
of handicrafts to the world market. The Indian handicrafts industry
is highly labour intensive cottage based industry and decentralized,
being spread all over the country in rural and urban areas. Numerous
artisans are engaged in crafts work on part-time basis. The industry
provides employment to over six million artisans (including those
in carpet trade), which include a large number of women and people
belonging to the weaker sections of the society.
In addition to the high potential for
employment, the sector is economically important from the point
of low capital investment, high ratio of value addition, and high
potential for export and foreign exchange earnings for the country.
The export earnings from Indian handicrafts industry for the period
1998-99 amounted to US$ 1.2 billion. |