Native indian Handcraft Industry - Weaving EU Dreams

The Western Union (EU) is fast becoming one of the most significant trade destinations for Native indian handicrafts, after the US. Native indian handmade iteams models have already made their presence felt strongly in Malaysia and Tuscany. Profitable possibilities and the rising global popularity of Native indian handicrafts are forcing medium and small businesses (SMEs) in the handicrafts industry to venture into the EU with their merchandise. Though the Native indian handicrafts industry has witnessed a consistent growth of 15% over a several years, the nation's discuss in the US $100 billion dollars international handicrafts industry is merely 2%. The primary reason for this is the inability of Native indian handicrafts to tap the tremendous potential of offshore markets such as the EU. The Native indian Handicrafts industry has not been able to fully develop on the profitable possibilities in the Western Handicrafts market Nearly 46% of the EU handmade items imports come from Chinese suppliers while Indian accounts for only 5% of the same. To match the trade amounts of Chinese suppliers, Native indian SMEs have stepped up their production and exports of wood made presents and Handicrafts to the EU. In modern times, Native indian SMEs have increased their supplies of Handicrafts to Malaysia, Portugal, The country, Tuscany and the Holland. This can be mostly linked to the rise in demand of wood made presents and Handicrafts in these countries. Doing handmade items trade exhibitions in the EU has helped Native indian SMEs obtain an important understanding of the EU industry. They have also established linkages with some recognized importers and suppliers. Nevertheless, Native indian handmade items exporters need to take care of issues concerning quality, colour, environmental friendliness of items and conformity of items with EU requirements and regulations to obtain the commitment of this industry. Expanding their product line-up and expanding their exports and functions will also help handmade items models to capture a larger business in the EU.