Analysis of handicrafts trade from India

B.Sc. Anil Yadav, BSc

Master's thesis

Abstract:

The structure of the thesis consists of India's foreign trade in handicrafts in different sections like a literature review (theoretical part), a case study, analysing of the international trade of India with other countries in handicrafts goods, knowing the mindset of people from different countries through a questionnaire survey with analysing the results by SPSS software (Analytical part), categories of handicrafts with comparison, export and suggestions for improvements to make handicrafts trade with various countries in the globe. The diploma thesis defines the main traded commodities, volume, and development over the specified years on a microeconomic level. An important part of the thesis is the analysis of a country's global competitiveness and a brief overview of its doing business factors. This diploma thesis emphasizes particularly the economic analysis of the handicrafts exports from India using the national data set that is currently accessible for the years between 2011 to 2022. This study aims to analyse the economic, financial, social, and cultural importance of the handicraft industry in India. The thesis focuses on a case study of a woman entrepreneur who started her journey in a small village in India and made a successful business in the handicraft industry. The case study examines Ruma Devi's journey of starting and growing her handicraft business, including the challenges she faced, the strategies she adopted, and the impact of her business on her life and the community. The findings of this thesis through the case studies show that the handicrafts trade from India has great growth potential, but also faces various challenges such as a lack of infrastructure, low awareness about the handicrafts industry, and competition from other countries. The thesis finishes with suggestions for increasing the trade in Indian handicraft products, including upgrading infrastructure, offering market-oriented skill development and capacity building, easing access to finance, and boosting e-commerce and digital platforms.

Keywords

Small and Medium Enterprises (SME), Export, Artisan, India, Foreign Exchange, International trade, Self-Employment, Trade-fair, Handicrafts

Language used: English

Date on which the thesis was submitted / produced: 3. 4. 2023

Thesis defence

• Date of defence: 31. 5. 2023
• Supervisor: doc. Ing. Petr Procházka, MSc Ph.D.
• Reader: Vladimír Hönig, externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme:
Economics and Management