The Hindu Business Line
There are multiple tech disruption possibilities here. Remember, we are looking at disaggregated supply (2.3 million handlooms scattered across India) and disaggregated demand (rural, urban and international) here. Handloom has the opportunity to create a cab aggregator type of business model which enables matching of this disaggregated demand and supply.
Women’s empowerment: This is an industry which employs 83 per cent women.
There are not many industry or corporate or government institutions that have such an inclination towards employing women.
Those working in the handloom industry rejoice in the activity. It is a hidden treasure of India and does not need charity. In fact, it is possible to mine gold here.
The time of handlooms has come. Let Digital India disrupt this Make in India heritage.