Handmade paper industry - experience of Indian manufacturing units

Abstract

Among traditional mystic wonders, India’s handmade paper is one of great potential. This research paper presents the prospects, potentials, and drawbacks of Indian handmade paper industry (IHMPI) along with growth impetus that Khadi and Village Industries Commission (KVIC) provides for IHMPI at each phase of development. To study the growth patterns of IHMPI at various spectrums three time series autoregressive integrated moving average (ARIMA) models are used: return analysis model, development indicator model and export contribution model. The time series ARIMA models created in this paper clearly exhibit the prosperity of IHMPI, moreover the time series models also acknowledge the gains in rural employment and development, and exports of IHMPI over the years.