Fri, Aug 18, 2017 | updated 05:17 AM IST

Textiles Ministry concentrating on new markets to boost handloom,handicraft exports: Secretary, Rashmi Verma

Updated: Nov 25, 2016 16:32 IST      
Textiles Ministry concentrating on new markets to boost handloom,handicraft exports: Secretary, Rashmi Verma

New Delhi [India], Nov 25 (ANI): The Union Textiles Ministry is looking to concentrate on new markets and opportunities for local handloom and handicraft sector as many global companies are willing to tie-up with Indian weavers and artisans, Rashmi Verma, Textiles Secretary said at an ASSOCHAM event held in New Delhi today.

"There is a huge scope for promoting Indian handloom and handicraft products in the niche markets world over," said Verma while addressing an ASSOCHAM Luxury Summit

She said that though most of the sectors registered a decline in exports of Indian products to global markets, export of handicrafts continued to grow at the rate of 17 percent.

"All stakeholders should make efforts to engage with artisans and weavers in the country and hand-hold them not only for ensuring that they get right price and market for their products and also get recognition which they deserve in the world and domestic markets," said the Textiles Secretary.

Verma informed that her Ministry has signed memorandum of understanding (MoU) with 20 e-commerce companies to engage with artisans and weavers in different handloom and handicraft clusters across India and help them market their products directly.

"This will go a long way in ensuring that they get the right price for their product as they are able to sell their product directly to the consumer," she said.

She also said that the government is taking number of steps for skilling weavers, for giving them design inputs, quality raw material, tools and upgrading their looms to empower them so that they continue to remain engaged in this craft.

"We are finding that younger generation is slowly getting disinterested in this sector and are moving towards information technology (IT) as the children of the weavers and artisans are not joining this profession," said Verma.

She informed that the Textiles Ministry has taken an initiative for training children of weavers and artisans to become entrepreneurs so that they can emerge as leaders in producers' groups and market their products through e-commerce and other channels directly.

She further said that there are a number of design workshops especially for the weavers and artisans whereby they are informed about current market trends and demand of the market because they have to be sensitized to the needs of the market and only then they will be able to produce what the consumer wants and not try to sell whatever they have made.

Verma informed that her Ministry had conducted an analysis and found that many of the weavers and artisans have become workers and laborers in the hands of traders or exporters.

"They get paid wages on a daily basis on whatever work they do in one day, so instead of selling their craft and talent, they are now selling their labour, as a result, this has disinterested the young generation," she said.

She also said that dearth of working capital, dependence upon middle men for raw material, working capital and even the design are certain factors forcing the weavers and artisans to sell off their talent and craft.

"It is very-very important that we all together take steps so that dignity of the weaver and artisan is restored and we empower them to be able to sell their talent and their products and not their labour," said Verma.

"Sometimes, it is important to have these traders and exporters because they give them the kind of market which these products deserve but it is also important to ensure that these people continue in the tradition of handloom weaving and handicrafts by empowering them by ensuring that they get working capital, are able to get good designs and also have a marketing nexus of their own," she said further. (ANI)

Vadodara (Gujarat) [India], Aug.17 (ANI-Businesswire India): Phonon.in, a Vadodara-based interaction automation company has taken on this challenge and applied this to simple customer centric applications taking the paradigm of providing information at your fingertips to the next level. Phonon is proud to announce the launch of India's first multi-modal flight bot for the aviation sector.

Full Story >>

Swift action by NDA Govt: A breather for Home-buyers

Updated: Aug 17, 2017 16:18 IST      By: Gaurav Gaur

New Delhi [India], Aug.17 (ANI): Within a week of the admission of the Insolvency petition by the NCLT (National Company Law Tribunal), against Jaypee Infratech limited, the Government of India, Along with IBBI (Insolvency and Bankruptcy Board of India) have proved their resolve in making IBC 2016 (The Insolvency and Bankruptcy Code) an effective, efficacious and equitable remedy, taking care of interests of all the creditors involved.

Full Story >>

New Delhi [India], Aug 17 (ANI): Taxi aggregator Ola has announced the launch of Ola Play, its connected car platform for ridesharing in two new cities, Chennai and Pune.

Full Story >>

New Delhi [India], Aug 17 (ANI): Indus Towers, the country's largest telecom tower company, announced the appointment of Shankar Iyer as the Chief Sales and Marketing Officer (CSMO). With over 24 years of experience in diverse industries, Shankar holds in-depth business understanding of international and domestic telecom and tower industry.

Full Story >>

Foreign tourist arrivals records 7.4 percent growth

Updated: Aug 17, 2017 13:43 IST     

New Delhi [India], August 17 (ANI): A compiled report on monthly estimates of Foreign Tourist Arrivals (FTAs) and FTAs on e-Tourist Visa published by the Ministry of Tourism has highlighted a 7.4 percent surge in the number of FTAs in July 2017, as compared to July last year.

Full Story >>

New Delhi [India], August 17 (ANI): The overwhelming presence of the public sector in India is holding back the economy, noted Ruchir Sharma, Head of Emerging Markets Equity and Chief Global Strategist, Morgan Stanley Investment Management, while delivering a lecture on leadership, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) to commemorate its 90th anniversary this year.

Full Story >>

New Delhi [India], August 17 (ANI-NewsVoir): The movie 'Yeh Hai India' starring Gavie Chahal and Deana Uppal has been making waves all across the globe. The movie had been selected as the official entry at the FOG Film Festival in the United States of America. Yeh Hai India has managed to get tremendous response from the screening. What's more is that the movie also bagged the award for Best Film at the FOG Film Festival.

Full Story >>

New Delhi [India], August 17 (ANI): HDFC Bank on Thursday announced a revision in its savings bank interest rate, effective August 19.

Full Story >>

New Delhi [India], August 17 (ANI): India's national air carrier Air India launched its first non-stop flight, the Dreamliner B-787, to Stockholm, Sweden, from Delhi on Wednesday. With an all-female crew on board,the cockpit was under the control of Capt.Nivedita Bhasin.

Full Story >>

New Delhi [India], August 17 (ANI-BusinessWire India): Travel technology start-up TRAVELSPICE on Thursday announced an increased use of data analytics, machine learning, BOT services and the scalable infrastructure offered by Microsoft Azure to support India's only and rapidly growing e-commerce hotel booking platform.

Full Story >>

New Delhi [India], Aug 16 (ANI-Newsvoir): Kwality Ltd., amongst largest and fastest growing private dairy companies in India, today announced that the Board has considered and approved appointment of MSKA and Associates ('MSKA') as its new statutory auditors for the period FY 2017-18 to FY 2021-22, subject to approval from shareholders in Annual General Meeting proposed to be held in Sep' 2017.

Full Story >>

New Delhi [India], Aug 16 (ANI-NewsVoir): Alliances Galore - The largest offers based Merchant Acquirer in the country and globally has recently completed a milestone of 1,000,000 alliances for its clients.

Full Story >>

New Delhi [India], Aug 16 (ANI-NewsVoir): Shardul Amarchand Mangaldas & Co ('SAM & Co') advised PVR Limited ('PVR') on sale of 100 percent shareholding in the arcade games joint venture company PVR BluO Entertainment ('PVR BluO') to Smaaash Entertainment ('Smaaash') for approximately Rs. 86 crore. PVR owns 51 percent in PVR BluO, while Thailand's Major Cineplex Group owns the rest.

Full Story >>

Home buyers left in lurch: Insolvency and Bankruptcy Code favours financial creditors

Updated: Aug 16, 2017 17:51 IST      By: Gaurav Gaur

New Delhi [India], Aug.16 (ANI): Insolvency and Bankruptcy Code 2016(IBC 2016), has been enacted to reorganise and provide insolvency resolution for corporate entities and partnerships in a time bound manner. The nub of the code is to bring back defaulting companies on road to recovery, to promote entrepreneurship, availability of credit and balance of interests of all stakeholders.

Full Story >>

New Delhi [India], Aug 16 (ANI-BusinessWireIndia): PerkinElmer, Inc., a global leader committed to innovating for a healthier world, today announced PerkinElmer India's opening of a Centre of Excellence at Indian Institute of Science Education and Research (IISER), Pune.

Full Story >>

New Delhi [India], Aug 16 (ANI-BusinessWireIndia): The International Career and College Counseling (IC3) platform invites participation of schools, colleges and universities from India and across the globe. The two-day conference is scheduled for August 30 and 31 at the JW Marriott, Aerocity, New Delhi.

Full Story >>

New Delhi [India], Aug 16 (ANI-NewsVoir): Successful meditation depends completely on the mental state of the meditator. Incense facilitates meditation as it creates a positive visual impact; certain fragrances in the incense impart positive impulses to the brain.

Full Story >>

IRCTC launches international tours for Lanka, Russia

Updated: Aug 16, 2017 16:15 IST     

New Delhi [India], Aug.16 (ANI): The Indian Railway Catering and Tourism Corporation Ltd. (A Govt. of India Enterprise) under Ministry of Railways is one of the biggest e-commerce website across Asia.

Full Story >>

TAB Capital surpasses Rs.101 cr worth loan disbursement

Updated: Aug 16, 2017 13:24 IST     

New Delhi [India], August 16 (ANI): Pune-based Non Banking Financial Company (NBFC) TAB Capital on Wednesday announced crossing an assets under management (AUM) to the extent of Rs. 101 crores, as of July 31, with an aim to reach at a worth of Rs. 500 crores in the next two years.

Full Story >>

New Delhi [India], August 16 (ANI-NewsVoir): The seventh edition of the Harvard Model United Nations India hosted by the Harvard IRC and Worldview Education kicked off with its opening ceremony on the August 12, 2017. With over 1500 delegates attending this year, the biggest conference yet, the delegates have debated on prominent issues such as funding "Sustainable growth in Africa", "Mental health awareness and treatment" and many other issues as well with solutions in the form of a resolution at the closing committee sessions on August 15.

Full Story >>