NHDC to 'weave' magic in SAARC countries

Image
Virendra Singh Rawat New Delhi/ Lucknow
Last Updated : Jan 21 2013 | 2:33 AM IST

National Handloom Development Corporation (NHDC) is gearing up to weave the magic of handloom in the South Asian Association for Regional Cooperation (SAARC) countries, particularly Pakistan and Sri Lanka.

NHDC will organise handloom exhibitions in the SAARC countries to popularise natural fabrics for the benefit of domestic weavers and handloom units.

“We will organise these fairs on trial basis first and depending upon the response, the future strategy would be charted,” NHDC Managing Director J K Baweja told Business Standard here.

The Corporation had planned to organise these events in Pakistan and Sri Lanka during the current fiscal itself. However, it was deferred due to the prevailing political situation in these countries.

Such fairs will also be organised in some South East Asian locations, such as Singapore.

NHDC provides raw material subsidy and other logistics support to unorganised artisans and weavers, thereby protecting them from the cartel of middlemen and suppliers. The raw material support include wool, cotton, rayon, yarn, silk, dyes and chemicals. To provide marketing support to artisans and promote handloom, the Corporation organises exhibitions all over the country. This year, 15 handloom fairs have so far been organised, while the one at Hyderabad was deferred due to Telangana stir.

“During 2010-11, we plan to organise at least 20 exhibitions in India,” Baweja said.

Meanwhile, NHDC is targeting a turnover of Rs 1,000 crore in the current fiscal, up from Rs 830 crore during 2008-09, despite economic slowdown in the national and international markets.

NHDC owns exclusive marketing complexes in Mumbai, Bangalore, Kolkata, Indore, Kanpur, Hyderabad and Jaipur. More such complexes would be set up in the next fiscal.

The Corporation works in tandem with Handloom Export Promotion Council (HEPC) for aiding the export oriented handloom units. Some of the proposed initiatives of NHDC are pending for approval before the Centre, he added. In India, the handloom sector employs over 35 million people and is one of the largest employment generators after agriculture.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 03 2010 | 12:54 AM IST

Next Story