state two economic advantages of the Handloom industry in India
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Two economic advantages of Handloom Industry
The strength of handloom lies in ease of introducing new designs, which cannot be replicated by the Power loom sector. The advantages of the sector include less capital intensive, use of minimal power, eco-friendly quality, flexibility of small production and adaptability to market requirements.
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Economic advantage of handloom industries are:
The handloom industry provides large scale employment to weavers in their homes as a cottage industry.
It has helped in strengthening village economy as number of people in villages are employed in handlooms.
The handloom industry produced works of intricate quality which are much admired all over the world. These products are directly exported which bring much needed valuable foreign currency.
The handloom industry provides large scale employment to weavers in their homes as a cottage industry.
It has helped in strengthening village economy as number of people in villages are employed in handlooms.
The handloom industry produced works of intricate quality which are much admired all over the world. These products are directly exported which bring much needed valuable foreign currency.
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