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48th Indian Handicrafts and Gifts Fair (IHGF)

48th Indian Handicrafts and Gifts Fair (IHGF)

The 48th Indian Handicrafts and Gifts Fair (IHGF) was organized by the Ministry of Textiles which began in Greater Noida on October 16, 2019. More than 3,200 Indian exhibitors are participating in the fair. Around 110 overseas buyers from 110 countries are participating in the event as well. They are here to source furniture, fashion, lifestyle and textiles products of the exhibitors.

Key Points:

  • Handicrafts play a vital role in economic development. This sector would provide an opportunity for unemployed with minimal investment. 
  • The sector earns around Rs 43,000 crores (2015) of rupees annually. Out of this, it earns an export of Rs 10,000 crores annually.
  • The EPCH is the Export Promotion Council for Handicrafts and was established under the Companies Act (1986-87).
  • It is the apex body for handicraft exporters in India. It is the nodal agency to promote exports of handicrafts to different destinations.

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