CONTRIBUTION OF TEXTILE AND HANDICRAFTS BUSINESS IN INIDIAN ECONOMY

Abstract

          Textile and handicrafts business have an important role in the development of Indian economy. It not only provides employment in semi-urban and rural area but also contributes in collecting foreign currency on a large scale. As per the evidences of Mohenjodaro and Harappa’s excavations, thousands of years ago from BC the work of Indian craftsman were formidable and were appreciated by the whole world. The cottage industries not only helped rural craftsman but also provided them employment and thus playing important role in growing economy. Even today social and economic problems of Indian craftsman are solved by providing employment through small and cottage industries.

Textile and handicrafts business provides employment on a large scale to women and weaker section of the society.

There are many opportunities in Textile and handicrafts business. It is not only important for the existence of every craftsman residing in any area of India but also necessary for the people who are directly or indirectly related to activities related to Textile and handicrafts business.

Key Words: Textile, craftsman, Handicraft, semi-urban, rural, cottage industries