Informality and diversity of institutional forms have been marked as distinct features of India’s postcolonial capitalist development. The present paper considers the conditions of reproduction of informal enterprises, specifically focusing on the living and working conditions of artisan labour in the silk-weaving cluster of Sualkuchi in Assam. The study indicates that kinship, gender, and caste act as regulative forces, influencing the form and scale of production, ownership, contract, and exchange relations. The results point to the significance of non-capitalist institutional arrangement in the reproduction of the handloom sector under contemporary capitalism.