In the global market, Indian handloom products are increasing sharply and are very demanding without any struggle with other countries. It sets eyes on $ 50 billion exports by 2010 - said Dr B.V. Somasekhar, Director of the National Institute of Fashion Technology.
The exports currently situated at $ 15 billion, of which garments sector's share of $ 6.5 billion and also for further development in this sector government is concentrating on integrated human resource development, with its technology up-gradation fund – he told.
Nearly 20 per cent of the country's total cloth production is due to handlooms, and there is a huge demand in the international market for eco-friendly dyes, textures and multifarious designed products, and consequently handloom products requirements, he added.
He said, today there is a huge scope of requirement for human capitals in this industry; approximately 13 lakh skilled workers needed to achieve the $ 50 billion target. Each of the seven NIFT centres would implement one rural cluster with the support of the respective state government.
National Institute of Fashion Technology has chosen Chirala in Prakasam district in Andhra Pradesh and Rs 75 lakh will be offered by the Government of India and Rs 25 lakh by the State Government; 1,600 students, mostly from weaving societies, would profited," he said.