Role of Handicrafts in Economic Development: A Case Study of Carpet Industry of India
Handicrafts industry of India has a great potential in economic development of the country. The present study is an attempt to assess the potential of carpet industry in India. Indian handmade carpet of handicrafts industry is perhaps the only sector over in rural India that almost 100% export oriented and providing direct employment to the millions, generating opportunities to rural unemployed artisans. At present, carpet sector is contributing US$ 932 million from export to the government exchequer and providing livelihood over and above to the million weavers and artisans. Indian handmade carpets has recognized worldwide for its elegant design and vibrant color craftsmanship. Present study is an attempt to show the potential of handmade carpet industry of India in accelerating the growth and development of Indian Economy. The present study is based on secondary data collected through the reports from textile ministry, various organization and magazines. The data has analyzed on the basis of simple method and presents by charts, table and diagram.