Abstract:
Handicrafts and Textile Handicraft business is related to the accumulation of handmade product from over the country and to sell them in retail shops or to export in another countries. People have a great passion for this type of product because it contains flavour of culture and it has a variety of design. The SWOT analysis of the Handicraft Product can help us to determine the current situation of business, challenges and gaps between demand and supply, source of raw materials and manpower, potentiality of employment, and its prospect for future. Bangladesh is a developing and overpopulated country; thus labor intensive technology can be more appreciable than capital intensive technology for the industries. Application of a large amount of low compensated workers to produce handicraft product will be beneficial for us from dual aspects. The first one is reduction in un-employment thus poverty alleviation and the second one is the earning of handsome amount of foreign currency. . The paper is concerned with narration of the themes. To prepare this paper I visited some local and export oriented handicraft organizations in Dhaka, Narayanganj etc. and discussed with the organization authorities about their business profile and production aspect. I also visited EPB, Bangladesh to get handicraft goods export data of previous fiscal years, Banglacraft and ECOTA for Handicraft business related information.IntroductionThe importance of the Textile Handicrafts and Handicraft sector in Bangladesh cannot be traced back to any particular point of time. Rooted deeply in the long heritage of the land, it grew gradually over centuries representing the rich, unique traditions of the soil, its people and their distinctive culture. The nourishing factors that helped the sector flourish are love of the artisans for their craft, coupled with their untiring effort to survive