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.
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 plays 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 $578 Million|
|Woodwares||US $761 Million|
|Miscellaneous handicrafts||US $1003 Million|
|Handprinted textiles & scarves||US $220 Million|
|Artmetal wares||US $452 Million|
|Imitation Jewellery||US $220 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 export of handicrafts from India.