Emerging Entrepreneurship Opportunities in Handloom Sector with Special Reference to Odisha

Abstract

The traditional Indian hand loom relishes a global status, as well as great demands at the domestic level. Nevertheless, weavers confront a series of problems that negatively impact their livelihoods and the general welfare. The objective of the study is to scrutinize the socioeconomic situation. This can help in offering suitable solutions to lessen their difficult situation and also to explore entrepreneurial opportunities and to aware and implement them. This study is grounded on primary and secondary information gathered through interview of 150 weavers living in different districts of Odisha. The outcome of the research exposed that the weavers face a series of problems as the financial limitation, the incapability to buy improved machinery, poor work Condition, low remuneration, the absence of government support and a lot of problems in day to day basis. Probable; the finding announced the diverse areas of entrepreneurship and also what may be the future potentials and the circumstance of the market.