Established as Indian Handicrafts Development
Corporation Ltd (IHDC) in 1958 .
Incorporated as Private Ltd . Co. in June 1962 as
subsidiary of STC .
De-linked from STC in May 1991 and made an
independent PSU under the Ministry of Textiles as a Schedule 'C' Company
Upgraded to Schedule 'B' Company from Schedule 'C'
Company in December , 2001.