Performance And Trends Of Handloom Industry And Weavers In India

Abstract

Handloom Industry in India is an ancient cottage industry with a decentralized set up. The industry is an age old source of livelihood for millions of people in the country. The handloom industry provides job opportunities to millions of people all over the country. The diversity in India has been seen in the Indian handloom sector also, like in products, designs, weaving styles, usage of looms, employment status and economic position. This study examines the growth, trends and patterns of handloom industry in India during 1987-88 to 2019-20. Percentage, Growth Rate and Compound Annual Growth Rate (CAGR) were employed for the analysis. It has been found from the present study that there has been a significant declined in handloom weavers’ households in India during 1987-88 to 2019-20. The proportion of man days of employment and average production of cloth per day by handloom households shows declining trend over the period of 32 years from 1987-88 to 2019-20. The study suggested that the institutions like banks, NABARD, Handloom Development Corporations, Weaver’s Cooperatives, technology providers etc.