>>

Baldwin Webinar

Home / Knowledge / News / Textiles / Handicraft sector in dire straits

Handicraft sector in dire straits

06
Dec '08

The economic turmoil and the resultant recessionary trends are turning economies of developing and underdeveloped countries topsy turvy. Along with well developed sectors even the informal sectors like the handicrafts industry are feeling the brunt of the recession.

India, which has a very good and vibrant handicraft industry and which also generates very good export revenue from the same has been hit hard and there are reports of hundreds of thousands of workers in the sector losing their jobs.

Exports from the industry have been estimated to have fallen by as much as 22 percent in the period April-September. Exports have fallen to US $1.04 billion from $1.34 billion in the same period of last year.

Indian handicraft products commanded a very good market in the western and well as Far East Asian countries, but with depression setting in these markets, exports from the sector have been affected to a large extent.

There are reports of most of the exported oriented units downing their shutters in face of depleting order books. The Commerce Secretary in the Government of India had projected that 500,000 people would lose their jobs in the textile sector which also includes the handicraft sector, last week.

Fibre2fashion News Desk - India

More Textiles News - India...

Must ReadView All

Pic: Shutterstock

Textiles | On 26th May 2022

CKFTA offers opportunities for Cambodia’s downstream processing sector

The Cambodia-South Korea Free Trade Agreement can help boost...

Pic: Shutterstock

Textiles | On 26th May 2022

China's logistics business expands in Jan-Apr 2022

China's logistics sector saw steady growth during January-April 2022, ...

Pic: Shutterstock.com

Apparel/Garments | On 26th May 2022

US apparel import from India jump 44% in March compared to Oct ’21

Apparel imports of the United States from India stood at $625.830...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Juan Pares Boj,

Textil Santanderina is a cutting-edge textile company located in...

Daniele Uboldi,

EptaInks is the screen-printing division of Eptanova, a company that...

Dr. A Sakthivel,

Dr. A Sakthivel

Incorporated in 1978, the Apparel Export Promotion Council (AEPC) is the...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Frank Heislitz, Freudenberg Performance Materials

Frank Heislitz
Freudenberg Performance Materials

Freudenberg Performance Materials is a leading global manufacturer of...

Dhruv Toshniwal
Brand - The Pant Project

The Pant Project is known for its custom-made bottom wear. Its products...

Maria Camila Giraldo
Brand - Pam & Gela

Maria Camila Giraldo is a Colombian actress, writer and entrepreneur...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Press Release

Letter to Editor

RSS Feed

Search Companies

Leave your Comments

ESTEEMED CLIENTS

COTTON COUNCIL INTERNATIONAL

Cat Tuong Real Estate Group Joint Stock Company

G-Star Raw C.V.

IIGM Private Limited

JES MEDIA, INC

Sateri (Jiujiang) Fiber Co.,Ltd

TÜYAP IHTISAS FUARLARI A.S.

Tradewind International Servicing

BTSR International S.P.A.

Brückner Trockentechnik GmbH & Co. KG

International Sourcing Expo Australia

Chori Company Limited

Flainox S.r.l.

Thai Trade Center

Messe Duesseldorf

Indofil Industries Limited - Specialty & Performance Chemicals Division

Eastman Chemical Company

Inter Expo Center Ltd.

Mayer & Cie. GmbH & Co. KG

Lifestyle

Dow Silicones Corporation

Gokaldas Exports Limited

Gatsby Africa

T.T. Limited

Jiangsu Yingyang Nonwoven Machinery Company Limited

TESCO INTERNATIONAL SOURCING LIMITED

Hela Clothing Pvt Ltd

Asos

J ;& P Coats

Varner AS Retail

Aleph Srl

Vianney Textil Hogar S.A. De C.V.

BRINKMANN GMBH

Officina Meccanica Dora Enrico Srl

Lacoste (Wanchai)

FESPA (Reigate)

Haelixa AG

Reiter India Private Limited

Centric Software

Gap International Sourcing Limited

Datatex Consulting Srl

Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)

$Indo Tex$

EUROVET ASIA LTD

Nandan Denim Limited

The LYCRA Company Singapore Pte. Ltd

Walmart

N9 World Technologies Private Limited

Arvind Limited

FULGAR SpA

Stahl Holdings B.V.,

Tory Burch Hong Kong Ltd

Lenzing Aktiengesellschaft

Chico’ FAS

IFF Media Ag - International Media Services

KIABI

Eurofins BLC Leather Technology Centre Ltd

APLF Limited

DyStar India Pvt. Ltd

Taiwan Textile Federation (TTF)

Bluesign Technologies Ag

BTC Textiles LLC

Karl Mayer Textilmaschinenfabrik GmbH

International Textile Manufacturers Federation

Tommy Hilfiger

Calvin Klein

Sportmaster Ltd.

Maceton Limited

Target Corporation (MN)

Page Industries Limited (Bangalore)

Color Service s.r.l.

The Top Form Brassiere Manufacturing Company Limited

Lenzing Aktiengesellschaft - India

Nihalani Events Management

Sainsbury's Argos Asia Limited

Restoque S.A.

Performance Days

Desigual - ABASIC, S.A.

Hirdaramani International Export Private Limited

C;&A Sourcing International Ltd

LC Waikiki

BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES

Marzoli Machines Textile s.r.l.

IDH – The Sustainable Trade Initiative

Woolmark Services India Pvt. Ltd.

HYOSUNG CORPORATION INDIA PRIVATE LIMITED

Shanghai Aige Exhibition Service Co., Ltd

Zydex Industries

CGS Inc.

Alix Partners

DuPont de Nemours, Inc.,

Huntsman (Singapore) Pte Ltd

IKEA of Sweden AB

Jindal Worldwide Limited

Xtema - Thomas Lebherz Textilmaschinen

China World International Exhibition Company Limited

Rieter India Private Limited

Guess Europe Sagl,

Copenhagen Fashion Summit

GIOVANNI BOZZETTO S.p.A.

Savio Macchine Tessili S.P.A.

Thai Acrylic Fibre Company Limited

Aquarelle Clothing Limited

Kornit Digital Asia Pacific Ltd

Landmark Group

Decathlon

SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD

Newtech Textile Technology Development (Shanghai) Company Limited

PVH Corporation

Esprit Europe Services GmbH

Loris Bellini S.r.l.

Applied DNA Sciences Inc

Brandix Lanka Limited

Etam Group Strategy Hong Kong Limited

EPCH

X-Rite Asia Pacific Limited (HK)

GERBER TECHNOLOGY LTD.

GHCL LIMITED

EMBEE CORPORATION

Messe Frankfurt Exhibition GmbH

Istanbul Fuarcilik A.S.

Tuyap Tum Fuarcilik Yapim A.S.

TEXVALLEY MARKET LIMITED

Recron Polyester from Reliance Industries Limited

Midas Clothing Limited

Sportswear Company Spa

G.A.S. unternehmenskommunikation gmbh

Tchibo GmbH

K AND D ITMACH EXPOSITIONS LLP

H. Stoll AG & Company KG

NV Michel Van de Wiele

John Varvatos

Puma

UBM China (Shanghai)

Lisa S.P.A.

Colours India Inc

Equinox Impex India

Green Fibre

THE BOMBAY DYEING ;& MFG.CO. LTD

OVS Hong Kong Sourcing Ltd.

Abit

Kern – Liebers Textile

CSGIA(China Screen Printing & Graphic Imaging Association)

Rayonese Textile Inc., Division de Culp Inc.

Palexpo SA

NITI Aayog

Deckers Outdoor (Guangzhou) Consultant Co., LTD.

Seasalt Limited

Datacolor AG Europe

MAS Active / MAS Kreeda / MAS Bodyline

Splash

SHAHI Exports Pvt Ltd

Grasim Industries Limited

SYNERGIES HONG KONG LIMITED

Italian Trade Commission

Under Armour Global Sourcing Ltd

Rosset ;& Cia Limited

Benetton Group

Coats Digital Limited

Mesdan SPA

Groz-Beckert KG

Bluestem Global Sourcing Limited

Helly Hansen Far East Ltd

Itema Weaving (India) Private Limited

Aramark Uniform ;& Career Apparel, LLC

Amazon China

Groz-Beckert East Asia LLP

Lectra Technologies India Pvt Ltd.

KAS Direct Sourcing

Alison Hayes Romania

Zünd Systemtechnik AG

Saurer Textile Solutions Pvt. Ltd.

BIMBA ;& LOLA SL

Infor (Hong Kong) Limited

USTER

VNU Exhibitions Asia

Gloria Jeans

Phong Phu international JSC (PPJ)

ZAITEX spa

Vardhman Textile Ltd

TESTEX AG, Swiss Textile Testing Institute

Shima Seiki Mfg. Ltd.

Lottmann Communications

Permoda(Koaj/Armi/Pronto/Bkul)

ITMA Services Pte Ltd

The LYCRA Company Singapore Pte. Ltd

Boardriders Asia Sourcing Limited

Thermore (Far East) Ltd.

Comasia Limited

Weitmann & Konrad GmbH & Co. KG

BIANCA

Recron Polyester from Reliance Industries Limited

Pt. Peraga Nusantara Jaya Sakti

Meera Dyestuff Industries

Lululemon Athletica Inc

Truetzschler India Private Limited

H;&M Hennes ;& Mauritz (Far East) Ltd

Babyshop

Recommended

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Woolmark

X

Advanced Search

Category

SubCategory

Country

Year

Month

Type

Company