Home / Knowledge / News / Textiles / Handicraft exports surge in July on soaring demand
Handicraft exports surge in July on soaring demand
08
Aug '11
Driven by soaring demand from traditional western markets like the US and Europe and emerging markets like Africa, Latin America and the Middle East, India's handicraft exports for the month of July 2011 grew to US$ 155 million, registering a rise of around 29 percent over July 2010's exports worth US$ 120 million.

Registering a growth of 49 percent, shawls were among the handicraft items that showed a maximum growth in exports during July.

The initial four months of the current 2011-12 fiscal saw handicraft exports rising by 20.5 percent to US$ 711 million, as against same period of last fiscal.

If the tend continues, handicraft exports for the current fiscal are estimated to cross US$ 2.7 billion. Last fiscal, handicraft exports grew to US$ 2.3 billion, registering a year-on-year rise of 26 percent.

Saharanpur, Narsapur, Moradabad, Jodhpur and Jaipur are the key handicraft centres of India where about one million artisans work to meet the demand of international markets.

Around 60 percent of India's overall handicraft exports are to the US and Europe.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Alessandro Zucchi; Courtesy: ACIMIT

Textiles | On 29th Jun 2017

Alessandro Zucchi succeeds Carabelli as ACIMIT president

The members’ assembly of the Association of Italian Machinery...

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...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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