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An initiative to revive handloom and handicraft Industry by J&K

Government has finally agreed to support the handloom and handicraft industry of Jammu and Kashmir (J&K). Mehbooba Mufti, Jammu & Kashmir chief minister has guaranteed to work for the betterment and growth of the sector to Nizamududdin Bhat, Vice Chairman, Handloom and Handicraft Development Corporations (HHDC). The handloom and handicraft industry has faced a lot […]

An initiative to revive handloom and handicraft Industry by J&K
Quick Industry Summary
AI
โ†‘OpportunityGovernment support for resilient J&K handicrafts signals growth potential despite past hurdles.

J&K Handicrafts: Government Backing Fuels Export Growth

  • J&K handicraft exports grew 8.6% year-on-year to Rs. 1,151.12 crores in 2016-17, despite significant challenges.
  • Artisans and small-scale manufacturers in J&K are directly impacted by government support and potential new schemes.
  • Increased government support could stabilize production, attract investment, and boost trade flows for J&K's traditional crafts.
  • This initiative aligns with broader efforts to preserve traditional crafts and empower regional economies, especially after recent disruptions.
  • Professionals should monitor upcoming J&K government schemes for sourcing opportunities and potential investment in traditional crafts.
Affects:ManufacturersExportersDistributorsRetailersWholesalersSourcing ManagersImportersBrand OwnersInvestors
J&K HandicraftsArtisan SupportExport GrowthGovernment PolicyTraditional CraftsRegional Economy
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Government has finally agreed to support the handloom and handicraft industry of Jammu and Kashmir (J&K). Mehbooba Mufti, Jammu & Kashmir chief minister has guaranteed to work for the betterment and growth of the sector to Nizamududdin Bhat, Vice Chairman, Handloom and Handicraft Development Corporations (HHDC).

The handloom and handicraft industry has faced a lot of Hurdles like 2014 floods, 2016 unrest followed by demonetization and implementation of GST in July this year have hit hard to those who are associated with it. Despite all odds, handicraft exports from Jammu & Kashmir has increased by 8.6 per year-on-year to Rs. 1,151.12 crores in 2016-17 from Rs. 1,059.41 crores in 2015-16.

Bhat requests the CM to announce special schemes to support the artisan community and attract the youth towards the industry. The organisation is planning some incentives at its level to help the artisans. This kind of support will not only support them but will also promote the traditional craft in the state, he added.

The State is a home to around 2.50 lakh artisans who are directly dependent on the handicraft sector for their livelihood. The sector has a great potential for more employment if proper attention is paid to its expansion and promotion to increase the demand. The sector earns around Rs. 1,700 crores in foreign exchange every year, according to the Directorate of Handicrafts.

–ย Apparel and Textile News, Apparel Talk, Indian Apparel

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