Home / Knowledge / News / Textiles / Handicrafts exports grow 18pc in first quarter
Handicrafts exports grow 18pc in first quarter
Jul '11
India's handicraft exports have grown to US$ 555 million during the initial three months of the current fiscal year, showing a rise of 18 percent over US$ 469.80 million registered during corresponding period of last fiscal. However, the industry experts say that the exports growth is not on the expected lines.

The continuing rise in exports was owing to penetration in newer markets and the rising demand from the customary western markets, mainly the US and the Europe. Art metalware, imitation jewellery and woodware emerged as the main handicraft segments which grew healthily during the first quarter of current fiscal.

In the month of June, the value of exports increased to US$ 166.66 million, recording a year-on-year rise of 22.34 percent over June 2010's US$ 136.23 million.

Meanwhile, the Export Promotion Council for Handicrafts (EPCH) has said that it would ask the Commerce Ministry to resolve the issues that are impeding the sector's growth and would also raise a demand for introduction of new measures to boost exports.

Besides, with a view to intensify their exports to Latin American countries, exporters in the country are even considering a proposal of instituting a warehouse in Uruguay. Also, a team of EPCH representatives will be meeting the Director General of Foreign Trade (DGFT) in connection with the review exercise for export sectors.

EPCH is also to plead its case before the Government to grant one billion rupees to each of the seven cities which are considered to be core centres for handicrafts, to support skill and technological development facilities. The list of seven cities includes Varanasi as a centre for zari and zari products.

According to the EPCH, the Government should reinstate the export benefits for the dealers and retailers for sale of handicraft goods to foreigners in foreign currency.

The handicraft industry in India currently employs around 7.6 million people.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

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

Marcel Alberts

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search