A conceptual understanding about the core terminologies associated with this article includes that of entrepreneurship, social entrepreneurship, folk art, traditional cloth-art form, Bandhani work and women artisans of Gujarat state. The evolution of the Bandhani women artisans in Gujarat has been traced concisely and the changing market dimensions with time has been reflected upon. Further, an attempt has been made to draw intersectionality between social entrepreneurship and the traditional cloth-art form of Gujarat- Bandhani in the state of Gujarat.