Indian handicraft industry and exports: An economic analysis

Abstract

India is one among the culturally rich countries in the world. The country is fortunate enough to possess some highly skilled artisans. They have increased the fame of Indian handicrafts around the globe. The Indian handicrafts industry is highly labour intensive, cottage based and decentralized industry. It plays a significant & important role in the country’s economy. The crafts of India are diverse, rich in history and religion. The aesthetics of each state in India reflect the influence of different empires. Throughout centuries, crafts have been rooted as a culture and tradition within communities of India. Indian handicraft earns well from its exports and also the subject for global exhibitions representing India.

Keywords: Export, Foreign Exchange, Global, Handicrafts

Unique Article ID: IJDES-146

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