Home / Knowledge / News / Textiles / Textile handicraft exporters foresee good Christmas
Textile handicraft exporters foresee good Christmas
05
Jul '11
Indian textile handicraft exporters are agog with excitement as they foresee a good demand being generated from their main buyers, Europe and the US for Christmas.

Overall handicrafts exports have surged from US $154 million in May 2010 to US $183 million in May 2011, up 19% year-on-year. In the first two months of the current fiscal beginning April, handicraft shipments rose 16% year-on-year.

This has been mainly made possible due to an increase in demand from the European and US markets, which together account for around 60% of Indian handicraft exports.

In the previous fiscal year 2010-11, shawls registered a growth of 38%, hand printed textiles and scarves recorded a rise of 19%, embroidered and crochet goods posted an increase of 15%, while, zari and zari goods showed a growth of 17%.

The positive optimism is generated from the fact that the confidence levels of buyers of handicrafts from these two regions are showing an upsurge.

Though the orders are yet to pick up, exporters of carpets and textile handcrafts have started sending samples of goods to their buyers.

It is expected that orders will start pouring in, September onwards; in time for the handcraft goods to hit the store shelves before Christmas.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search