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FINANCIAL PERFORMANCE OF HANDLOOM WEAVERS IN COTTAGE INDUSTRIES IN TENKASI - A STUDY

. Mrs.S.RAMALAKSMI and DR.B.FELIX FRANCY


Abstract

Handloom sector being one of the oldest and most essential cottage industries under textile sector plays an essential role in building the rich Indian cultural heritage. Hand weaving existed before five thousand and eight hundred years in the country was identified from our historical picture (Das et al., 2016). Modern textile mills, Independent Power looms, Handlooms and Garments are the four essential segments of handloom industry, which played a significant role in the economy of our country. Handloom has a benefit of less demand for capital investment, eco-friendly and natural adaptability towards market requirements. Handloom is mostly a decentralised sector that consists of weavers from the weaker sections of the society, who mainly weaves to meet their domestic needs and contri,however,e to the production of textile sector. The traditional craft of different States are maintained by the skills and creativity of the weavers. Handloom sector can meet the needs ranging from the beautiful fabrics to favorite items of mass production for daily use. The strength of the handloom sector includes the production of intricately woven fabric, its versatility and wide variety, different design base, skilled labour availability, the traditional mode of production, low technology adaptation, and no requirement of electricity.The study mostly focus on financial performance of handloom weaver and background details od handloom weavers.

Key words:   Handloom weavers. Cottage Industries, Financial performance, Technology

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