What significant event in India marked the post-Independence period in terms of the handicraft industry?

Commercialization of traditional art

Answer: Commercialization of traditional art
The passage mentions that post-Independence, there was a revival of the handicraft industry in India, and the sector became organized for commercial production.

Even now, in many pockets, we find such artifacts. In the nineteenth and twentieth centuries, a new perspective emerged among modern artists when they looked at traditional art forms around them as sources of inspiration for their creative pursuits in India, as well as, the West. In India, post-Independence a revival of handicraft industry took place. The sector became organised for commercial production. Apart from continued practice, it gained a unique identity. With the forming of States and Union Territories, each one of them showcased their unique art forms and products in their respective State emporia. The art and craft traditions of India showcase the tangible heritage of the country with history of more than five thousand years. Though we know many of these, let us talk about few of them. By and large, there has been a religious or ritualistic overtone with richer symbolism, utilitarian and decorative aspects, associated with the day-to-day practices at home to production on a large scale.