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Handicrafts Exports of J&K last 5 years

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Samarth Gupta
Samarth Gupta

The handicraft industry in Jammu and Kashmir has historical importance and potential for employment generation. It provides a competitive advantage through unique designs, quality, and cost. The state government prioritizes this sector due to its employment capacity and demand for wood carving, paper mach辿, carpets, shawls, and embroidery. While production and exports of handicrafts increased between 2010-2011 and 2011-2012, exports declined slightly in 2012-2013. The sector faces challenges like limited infrastructure, market access, and technology, but also opportunities in domestic and global demand if issues are addressed.

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PRESENTED BY- Anam Gupta (0035HBCM11) Samarth Gupta (0027HBCM11) Prabhjyot Kour (0052HBCM11) Course No. BCH-606 GOVT SPMR COLLEGE OF COMMERCE JAMMU
HISTORICAL BACKGROUND OF J&K HANDICRAFTS The handicraft activities carried out in Kashmir Valley are famous throughout the world because of their quality, art and design. This sector has great potential to generate gainful employment within and outside the state. Being a labour intensive sector, handicrafts can be established both in rural and urban areas and can be taken off as a subsidiary occupation in the valley. The state of Jammu and Kashmir is famous throughout the world for its scenic beauty, bracing climate and craftsmanship skills .
IMPORTANCE OF EXPORT OF HANDICRAFTS IN JAMMU & KASHMIR Handicrafts are vital source of revenue generation for Jammu & Kashmir state. This industry is unique in terms of design, cost and quality of products and thus provides a competitive advantage on other national and international players of handicrafts market. Handicrafts, the traditional industry of the state, is receiving top priority by the state government in view of employment potential and demand for wood carving, paper-machine, carpets, shawls and embroidery. Kashmiri silk carpets is famous over the world and earn a substantial foreign exchange. The state has established Jammu and Kashmir handicrafts Sales and Export Promotion Corporation and J&K State Handloom Development Corporation to promote development and growth of the handicraft sector in the state.
The handicraft sector occupies an important position in the economic structure of J&K state. Being eco-friendly, this sector suits to the state as it is more labour intensive and less capital intensive in nature, therefore, having scope for employment generation at a large scale. J&K handicraft products are worldwide famous for their attractive designs, functional utility and high quality craftsmanship. In the absence of large scale industries in the State, handicrafts remained a key economic activity from times immemorial.
Shawls Mattress Wooven chair Walnut wood carving Paper Machie Mugs
Year Production(cr) Exports (cr) Growth rate % Production Exports 2008-2009 1100 705.50 (-)31.87% (-)41.23% 2009-2010 1000 661.27 (-)9.09% (-)6.26% 2010-2011 1650.30 1004.37 65.03% 51.84% 2011-2012 1815.33 1643.37 10.00% 63.67% 2012-2013 1843.21 1538.28 1.53% (-) 6.39% Table 1: Production and Exports of Handicrafts over 5 years
1100 1000 1650.3 1815.33 1843.21 0 200 400 600 800 1000 1200 1400 1600 1800 2000 2008-09 2009-10 2010-11 2011-12 2012-13 Figure 1 Production of Handicrafts in last 5 years
705.5 661.27 1004.1 1643.37 1538.28 0 200 400 600 800 1000 1200 1400 1600 1800 2008-09 2009-10 2010-11 2011-12 2012-13 Figure 2 Exports of Handicrafts in last 5 years
0 500 1000 1500 2000 2008-09 2009-10 2010-11 2011-12 2012-13 1100 1000 1650.3 1815.33 1843.21 705.5 661.27 1004.1 1643.37 1538.28 Production/Exports(inCrore) Years Figure 3 : J&K Handicrafts sector over 5 years Production Exports
Competition from other countries Limited access to markets Inadequate infrastructure and technology Lack of access to credit Competition from machine made products Inadequate raw material input.
STRENGTH WEAKNESS Huge market potential Flexible production and design Cheap labour Huge employment opportunities Foreign revenue generation Eco friendly Needs less investment Export oriented Underdeveloped infrastructure Lacks global exposure Lack of customer feedback system Less interest among youths Confined mostly to rural areas Still old techniques prevail Low wage structure in handicrafts Unorganized sector
OPPORTUNITIES THREATS Huge demand in domestic as well as international markets Develops tourism industry of J&K Handicraft products are preferred by real estate players too add value in their businesses Design sensibility Stiff competition ahead Deficit balance between supply and demand of J&K handicrafts Better technological support and R&D facility in competing countries Translation of skill to next generation Huge inflating rates of raw material.
Handicrafts Exports of J&K last 5 years

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Handicrafts Exports of J&K last 5 years

  • 1. PRESENTED BY- Anam Gupta (0035HBCM11) Samarth Gupta (0027HBCM11) Prabhjyot Kour (0052HBCM11) Course No. BCH-606 GOVT SPMR COLLEGE OF COMMERCE JAMMU
  • 2. HISTORICAL BACKGROUND OF J&K HANDICRAFTS The handicraft activities carried out in Kashmir Valley are famous throughout the world because of their quality, art and design. This sector has great potential to generate gainful employment within and outside the state. Being a labour intensive sector, handicrafts can be established both in rural and urban areas and can be taken off as a subsidiary occupation in the valley. The state of Jammu and Kashmir is famous throughout the world for its scenic beauty, bracing climate and craftsmanship skills .
  • 3. IMPORTANCE OF EXPORT OF HANDICRAFTS IN JAMMU & KASHMIR Handicrafts are vital source of revenue generation for Jammu & Kashmir state. This industry is unique in terms of design, cost and quality of products and thus provides a competitive advantage on other national and international players of handicrafts market. Handicrafts, the traditional industry of the state, is receiving top priority by the state government in view of employment potential and demand for wood carving, paper-machine, carpets, shawls and embroidery. Kashmiri silk carpets is famous over the world and earn a substantial foreign exchange. The state has established Jammu and Kashmir handicrafts Sales and Export Promotion Corporation and J&K State Handloom Development Corporation to promote development and growth of the handicraft sector in the state.
  • 4. The handicraft sector occupies an important position in the economic structure of J&K state. Being eco-friendly, this sector suits to the state as it is more labour intensive and less capital intensive in nature, therefore, having scope for employment generation at a large scale. J&K handicraft products are worldwide famous for their attractive designs, functional utility and high quality craftsmanship. In the absence of large scale industries in the State, handicrafts remained a key economic activity from times immemorial.
  • 5. Shawls Mattress Wooven chair Walnut wood carving Paper Machie Mugs
  • 6. Year Production(cr) Exports (cr) Growth rate % Production Exports 2008-2009 1100 705.50 (-)31.87% (-)41.23% 2009-2010 1000 661.27 (-)9.09% (-)6.26% 2010-2011 1650.30 1004.37 65.03% 51.84% 2011-2012 1815.33 1643.37 10.00% 63.67% 2012-2013 1843.21 1538.28 1.53% (-) 6.39% Table 1: Production and Exports of Handicrafts over 5 years
  • 7. 1100 1000 1650.3 1815.33 1843.21 0 200 400 600 800 1000 1200 1400 1600 1800 2000 2008-09 2009-10 2010-11 2011-12 2012-13 Figure 1 Production of Handicrafts in last 5 years
  • 9. 0 500 1000 1500 2000 2008-09 2009-10 2010-11 2011-12 2012-13 1100 1000 1650.3 1815.33 1843.21 705.5 661.27 1004.1 1643.37 1538.28 Production/Exports(inCrore) Years Figure 3 : J&K Handicrafts sector over 5 years Production Exports
  • 10. Competition from other countries Limited access to markets Inadequate infrastructure and technology Lack of access to credit Competition from machine made products Inadequate raw material input.
  • 11. STRENGTH WEAKNESS Huge market potential Flexible production and design Cheap labour Huge employment opportunities Foreign revenue generation Eco friendly Needs less investment Export oriented Underdeveloped infrastructure Lacks global exposure Lack of customer feedback system Less interest among youths Confined mostly to rural areas Still old techniques prevail Low wage structure in handicrafts Unorganized sector
  • 12. OPPORTUNITIES THREATS Huge demand in domestic as well as international markets Develops tourism industry of J&K Handicraft products are preferred by real estate players too add value in their businesses Design sensibility Stiff competition ahead Deficit balance between supply and demand of J&K handicrafts Better technological support and R&D facility in competing countries Translation of skill to next generation Huge inflating rates of raw material.