Home / Knowledge / News / Textiles / Carpet exports jump 181pc in June
Carpet exports jump 181pc in June
Jul '11
Riding on the back of soaring demand from emerging markets like Latin America and China, carpet exports from India registering a year-on-year rise of 181 percent jumped to US$ 10.1 million in June 2011, over last June's US$ 3.6 million.

Though good demand kept flowing from the new markets, demand from traditional markets like the US and the Europe is yet to improve.

Around 55 percent of India's total carpet exports is to the US and Europe, while Middle East and Latin America each account for 20 and 10 percent share respectively.

The segments which registered highest growth included synthetic carpets which grew at a rate of 50 percent, tufted carpets at 350 percent and silk carpets at 250 percent.

On a monthly basis, however, carpet exports plummeted heavily from US$ 73 million in May to US$ 10.1 million in June.

The exports rose by 17 percent to US$ 140 million in the first quarter of the current fiscal, over corresponding period last year.

Value-wise the country's carpet exports for the current fiscal are expected to reach US$ 800 million. The exports during last fiscal registering a year-on-year rise of 24 percent stood at US$ 653 million.

The sector currently serves as a source of livelihood for around 2.5 million people.

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

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

March 2017

March 2017

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


Browse Our Archives


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