Women Entrepreneurs towards Growth of Indian Handloom Sector

Abstract

Small-scale firms in rural areas has been recognized as a major source of global economic growth and employment and play an extremely important role in the development of any country, and especially in developing countries. In this direction, women entrepreneurs have been acknowledged to play critical roles bringing their ideas and capabilities towards successful achievement of the SME development. Contemporarily less research have been conducted in the role of women entrepreneurs in the growth of handloom sector of India. In this paper, we investigate how the women entrepreneurs can influence their ability to recognize opportunities and mobilize resources towards growth in handloom sector. The study explains the various promotional schemes of Indian government for creating awareness and encouraging the women entrepreneurs to invest in handloom sector and developing their businesses and thus ensuring their active participation in the development of the national economy.