Updated: 12/08/2021
Bhartiya artists are well known around the world for their unique and vibrant art which takes shape through handmade handicrafts and other famous Indian products.
And due to the leadership of Mr Narendra Modi, there are various ways that are developed in the direction to help exporters in every expect of trading.
Export of handicrafts from India
There are approx 7 million artisans in India with a total of 35 thousand different handicrafts products. Revenue through the export of handicrafts from India reached $4 Billion by the year 2020.
Which country is the biggest importer of handicrafts from India?
Basically, handicrafts and handlooms, or anything which is made up in India are a part of the textile industry. India is also the 2nd largest producer and exporter of textile and apparel goods across the world.
Handicrafts also play a vital role in the Indian economy as well as for the welfare of the artists who basically perform this beautiful art.
Which Indian handicraft has the most demand in the international markets?
Embroidered & Crocheted goods | US $463.13 Million |
Woodwares | US $611 Million |
Miscellaneous handicrafts | US $714.67 Million |
Handprinted textiles & scarves | US $239.79 Million |
Artmetal wares | US $353.47 Million |
Imitation Jewellery | US $144.19 Million |
Government Initiatives and Support
Central, as well as the state government, support the export of handicrafts from India and various export houses and clusters are running for the development of handicrafts by the government of India.
The government of India also increased the merchandise export from India scheme(MEIS) rates up to 7% under which it helps to recover the cost involved in the import duties of handicrafts to make pricing competitive and enhance the export of handicrafts from India.
The export promotion council for handicrafts(EPCH) also helps handicraft artisans and provides export guidance through various promotional mediums.
Useful resources