Question

Investigate a local government outlet for khadi/crafts and discuss its problems and success.

Answer 1

In countries like U.S. handicrafts industries are not as focused as in Ritual countries as people prefer Manufactured products more than Handmade products.

Explanation:

• The challenges a handicraft industrialist will mostly face is licensing problems, low/no demand, the high cost of raw materials, lack of access to raw materials, obsolete tools & equipment, lack of access to export credit, the high cost of credit, high excise, poor infrastructure, policy uncertainty.
• Opportunities available in Handicrafts industry are Strong international presence/ interest, Huge trained and skilled manpower base, the Rising export market for quality products across Europe, Latin Americans, Social interventions and structures, Traditional knowledge base, the Rising flow of tourists in India, Less Capital Intensive.