The Kullu handloom industry has several benefits, both for the local population and for the wider community:

1. Economic development: The Kullu handloom industry is an important source of income for the local population, providing employment opportunities for weavers and other artisans.
2. Cultural preservation: Kullu handloom helps preserve traditional textile-making techniques and designs, which are an important part of the cultural heritage of the region.
3. Sustainable production: Handloom production is typically more sustainable than machine-based production, as it consumes less energy and generates less waste.
4. Support for local communities: Purchasing Kullu handloom products helps to support the local communities that produce them.
5. Quality and uniqueness: Kullu handloom products are known for their high quality, intricate patterns and bright colors, making them unique and different from machine-made products.
6. Handloom products are often considered as luxury item and they can be used as a symbol of cultural heritage and tradition.
7. Handloom products are often considered as eco-friendly products as they are made with natural fibers, and the production process is less polluting.

In summary, the Kullu handloom industry provides economic development, cultural preservation, sustainable production, support for local communities, unique and high-quality products, and eco-friendly.