Print This Article Post Comment Add To Favorites Email to Friends Ezine Ready

Handloom Sector High On Innovation

By: David Parks Home | Business | Workplace


The handloom sector in India is fast acknowledging the importance of adopting innovative tools and advanced production techniques to improve sales and boost revenues. Waking up to the reality of rising competition in the global market, handloom weavers are increasingly shifting their focus on implementation of product, design and market innovation strategies. A number of handloom units in Tamil Nadu, West Bengal and Jammu & Kashmir are opting for novel manufacturing tools to enhance their production capacities and meet the market demands.

Innovation has become the key focus area for small and medium enterprises (SMEs) engaged in the domestic handloom sector. This also holds true for small handloom units engaged in the export business. These units are planning to increase their export volumes in the international markets by resorting to smart strategy and innovative modes of production. Small scale units are also formulating market innovation policy to develop new product range that helps them counter tough competition from rival exporting nations like China, Vietnam and Kenya. Handloom exporting units are paying more attention to offer value-added handloom items at reasonable rates to make their products globally competitive.

Realising the significance of adopting new production techniques and the need for a proactive approach, the Handloom Export Promotion Council (HEPC) of India is undertaking a slew of measures to further promote innovation. It has identified a number of handloom production clusters to be developed as Handloom Export Zones to augment the export potential of the industry. In addition, the council is taking a series of initiatives to upgrade its infrastructure, modernise looms and hone the skill sets of handloom weavers.

Such measures are likely to help handloom weavers enhance their competitiveness and improve their earning potential, thereby contributing to better standards of living. Furthermore, smart marketing tools are being adopted to strengthen the global market for handloom products. With such initiatives being undertaken by the government, councils and associations across the country, the Indian handloom sector can now look forward to a promising future.



Article Source: http://www.eArticlesOnline.com

About the Author:
David Parks is a well known author and has written articles on B2b, B2B Directory, suppliers, Buy Trade Leads, Manufactures and many other subjects.

Tags: , , , , ,

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Workplace Articles Via RSS!

Recent Related Articles From Workplace

  • How Does The Japanese Yen Stack Up Against The Us Dollar In Forex Markets?
    By: Forexresource | Jan 29th 2009
    How you can achieve success on forex market and Drastically Increase Your Trading Profit... Read

  • Software Globalization And Localization, In Terms Of Reciprocity
    By: KenWilson | Apr 5th 2007
    First, let us name what we will label as the triggering phenomenon for the current situation. Certainly, we are not the first to appreciate that economic globalization builds the substructure for any other aspect of globalization. Read

  • Alibaba Hunters Auctiva At 250 Thousand Usd And Strive For Jointing Global Market
    By: epathchina | Aug 26th 2010
    Alibaba network Co., LTD (1688.HK) declared acquire American Electronic commercial company Auciva. The oversea M&A, only about a month from last acquisition of Vendio which is also in California, is another substantial deployment alibaba steps Read

  • Market Research And Data Analytics -india
    By: Shikha Suman | Jul 2nd 2008
    Research services in India provide the foundation for developing effective marketing strategy and advertising campaigns. Our organization offers full service Market Research Company in India. We provide comprehensive Industrial & Business Research, Financial Research, Social Research and Analytics services to government org ... Read

  • Foreign Exchange Market Is Different From The Stock Market
    By: Ben Needles | Jul 10th 2008
    The foreign exchange market is also known as the FX market, and the forex market Read

  • Stock Market Eats Bad News For Lunchâ€"investors Still Buying
    By: profitconfidential | Mar 22nd 2011
    The stock market is handling the world’s two recent crises very well. The story in Libya seems far from over and Japan’s terrible tragedy is a decades-long recovery, but domestic stock prices didn’t go down that much and it’s a testament to the strength of overall market sentiment. Investors still want this market t ... Read

  • What You Need To Know When Trading Derivatives And Futures
    By: Ricky Schmidt | Oct 3rd 2006
    Hello Fellow-Investor.

    The Derivatives and Futures Market is the most potentially profitable market in the world. But it can be the most distructive one too!

    Derivatives

    A derivative is a financial term for a specific type of investment from which the price over a certain time is ...
    Read

  • Live News About Penny Stocks For Free
    By: Jan Szymanowski | Dec 1st 2010
    I just went on http://mybestpicksever.com/live-news/, they provide for free, live news about stocks investments live on their website! They created a TV with all the different financial channels available on the market such as CBC, Reuters and Market News Video. Read

  • Course On Forex Trading
    By: Forex Training School | Apr 4th 2007
    Forex Trading term used to describe the trading of the currencies of the various countries of the world is called foreign exchange, forex or just FX. Read

  • Localization Testing For Securing The Success Of Software Globalization
    By: KenWilson | Apr 5th 2007
    Two of the built-in implementation aspects of software globalization are software internationalization and localization. Read


Copyright © 2005-2011 eArticlesOnline, LLC - All Rights Reserved
Terms of Service | Privacy Policy