The demand for Handloom in the global is market is increasing sharply, also this situation is without any comptetition from other countries. In respect of this emerging trend the Handloom sector in the country has set its eye on US$ 50 billion exports by 2010. This view was expressed by Dr B.V. Somasekhar, Director of the National Institute of Fashion Technology.
The export is currently marked at US$ 15 billion, of which garments sector has a share of US$ 6.5 billion. Also for further development of this sector government is concentrating on Integrated Human Resource Development, with its technology upgradation fund scheme, said. Dr B V Somasekar
Nearly 20 per cent of the country's total cloth production is
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| due to handlooms, and there is a huge demand in the International market for eco-friendly dyes, textures and multifarious designed products, resulting into a consequent demand for handloom products, he added.
He said, today there is a huge requirement for human capital in this industry; approximately 13 lakh skilled workers are needed to achieve the US$ 50 billion target. With respect to that each of the seven NIFT centres would implement one rural cluster with the support of the respective state governments.
National Institute of Fashion Technology has chosen Chirala in Prakasam district in Andhra Pradesh for which Rs 75 lakh will be offered by the Government of India and Rs 25 lakh by the State Government; 1,600 students, mostly from weaving societies, would be profited by this venture," he said 
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