Hotline: 1800 102 2007
X
Search Business Opportunities
2010-07-09

Handicraft's sector to get exclusive SEZs

100 crore project to set up an international local trade centre is underway.

 

The Indian handicrafts market, which constitutes about 1.6% of the world markets is set to recover from the world economic slowdown, if reports from US and EU are to be believed. There seems to be more good news coming for the handicrafts sector with, EPCH (Export Promotion Council for Handicrafts) planning to set up an exclusive SEZ for handicrafts at Greater Noida or Haryana so as to empower SMEs.

 

After contracting by an alarming 48% in 2008-09, exports of handmade items, one of the worst sufferers of the economic meltdown have shown an improvement in the first month of this fiscal and are likely to enter the positive terrain in the next two months.

 

With global economies recovering from the economic downturn and recession, the demand seems to be growing.  So in order to tap the growing demand of handicrafts in global markets, EPCM is looking for an exclusive SEZ for handicrafts in Delhi-NCR region. “Handicrafts sector is one of the largest foreign exchange earners. The exclusive SEZ for handicrafts will provide a globally competitive and hassle free environment for small exports of handicrafts”, said a senior executive at EPCH.

 

EPCH with the help of GOI, is planning a 100 crore project to set up an international local trade centre so as to strengthen the handicrafts sector.  

Related opportunities
  • Quick Service Restaurants
    About Us: Pizza is easily recognised food item in the world,..
    Locations looking for expansion Gujarat
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Quick Service Restaurants
    About Us: Tarbouche, ,meaning the brimless red cap worn by Turkish..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Others Food Service
    About Us: With renowned success of Above & Beyond and Patch..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Casual dine Restaurants
    About Us: Company is into F&B Business with concepts such as..
    Locations looking for expansion Karnataka
    Establishment year 2011
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts