In India, handloom industry is based on a large number of artisanal skill-based enterprises that produce traditional fabrics from both industrially produce and naturally produced yarn. Assam, a state of North East Region, produces varieties of handloom products by using different types of silk and cotton yarn. The weavers in the state are preserving their traditional arts, skills and representing cultural identities through their weaving fabrics and designs. The objective of the paper is to investigate the product practices and production performance of handloom based micro-enterprises in Assam. The paper used primary data collected from 312 handloom enterprises spread across the four districts of Assam using multi stages sampling technique. It is observed that revenue per loom of multi loom enterprises is significantly higher than that of single loom enterprises. The concentrations of handloom enterprises are more in the

production of low-price products in comparison to high price products. The result of Cobb-Douglass production function found that value of handloom production can be increase by increasing labour and yarn inputs.