Report on Prospect of Handicraft Industry in Bangladesh



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 other countries. People have a great passion for this type of product because it contains flavor of culture and it has a variety of design. As an intern of MBA program I was assigned to make a study on the handicraft industry. As a result I decided to make a study on the overall aspect of this industry of Bangladesh to understand the prospect of Handicraft industry in Bangladesh. So the topic of this report is “Prospect of Handicraft Industry in Bangladesh”. The report was discussed with different dimensions like: the current scenario of Handicraft products, the current export countries or market, the current impediment of export, creation of self employment for the mass population, solutions to remove the existing problems, the ways of increasing export, the contribution level in the national economy, the required Government incentives to Handicraft export.

Web, journal, newspaper, articles, textbooks are studied to conduct this study. Then the methodology of this report was constructed. The source of data collection was secondary and expert opinion survey. I also conducted a mini survey on 5 exporters. Then to prepare this paper I visited some local and export oriented handicraft organizations in Dhaka, Narayangonj 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. After that the data was analyzed using table, graphical tools.
In achieving the objective of focusing  the current scenario of Handicraft products I have discussed various topics which are: An Overview of the Handicraft Sector, Flashback of Bangladesh’s Handicraft industry, Current profile of some leading Handicraft manufacturers.
In achieving the objective of Knowing  the current export countries or market I have discussed the topics of Country wise Export of handicraft from Bangladesh and Bloc/group/community Wise overall export.

In achieving the objective of Identifying current impediment of export I have discussed the topics of the Impediments for Growth, Threats for our Handicrafts sector.
In achieving the objective of analyzing  how to create self employment for the mass population I have discussed the topic of Self employment and Work force, Prospect for the future.



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