The Sector of Handicrafts and its Share in Indian Economy
Jahangir Ahmad Bhat* and Pushpender Yadav
Department of Humanities and Social Sciences, Maulana Azad National Institute of Technology Bhopal, Madhya Pradesh, India
- *Corresponding Author:
- Jahangir Ahmad Bhat
Research Scholar, Department of Humanities and Social Sciences
Maulana Azad National institute of Technology Bhopal
Madhya Pradesh, India
E-mail: [email protected]
Received date: November 08, 2016; Accepted date: November 21, 2016; Published date: December 28, 2016
Citation: Bhat JA, Yadav P (2016) The Sector of Handicrafts and its Share in Indian Economy. Arabian J Bus Manag Review S3:009.
Copyright: © 2016 Bhat JA, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The sector of handicraft is not only provides employment for the development of economy but it also acts as a sensible artistic approach of self-expression for the artisans. Handicrafts are matchless expressions as they represent culture, tradition, and heritage of a country. Handicraft sector is directly related to the economy of the rural India that means its growth, and downfall is the mirror image of rural economy as well as the economy as a whole In this paper, we have tried to analyze why the sector is one of the promising and productive sectors in India economy and what is the contribution of handicraft as foreign inflow to the Indian economy, and its growth, and decline through last fifteen years. Further, we have shown the growing foreign markets for Indian handicraft, and the leading foreign market for Indian art to export.