Give an overview of the exports of handicrafts and jewellery from india. What are indias competitive advantages and disadvantages in this sector?
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India is one of the leading countries in the world which is manufacturing jewelleries and handicrafts in a mass scale from the ancient times.
Advantages:
1)Easy availability of necessary raw materials.
2) Easily available skillful workers in a cheap labour cost.
3) Well established transportation system.
Disadvantages:
1) Lack of modern infrastructure and technology.
2) Lack of enough salary options in this field which is becoming the main problem for the future growth of this sector in our country.
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