Indian Handicrafts and Gifts Fair (IHGF) opened in New Delhi, October 12, 2017.
It has been organized by the Export Promotion Council of Handicrafts (EPCH). More than 3000 participants are displaying their products. EPCH has enabled small artisans with market linkage opportunities at the fair.
The handicraft sector is one of the largest employment providers in the country, with most micro, small and medium industries being engaged in handicrafts and allied sectors. The handicraft sector generates a large number of jobs with relatively much lower investments compared to large industry sectors.
There is a need for coordinated efforts among stakeholders in the handicraft sector to increase the market share of India in global handicraft exports. It currently stands at a meager five per cent despite the consumer demand showing an upward trend over a period of time.
Mudra extends business financing benefits to more than nine crore of micro level entrepreneurs of the country.