Home / Knowledge / News / Textiles / India's handicraft exports growth slows
India's handicraft exports growth slows
18
Jan '12
The sluggish demand in the US and EU markets, which account for nearly 70 percent of India's handicraft exports, has translated into a slower growth for the country's handicraft exports in December 2011.

Handicraft exports from India grew at a slower pace of 9 percent during the month to US$ 338 million, compared to exports of US$ 309 million achieved during the same month of previous year.

During the month, exports of shawls as art-ware increased by about 30 percent year-on-year, while embroidered and crocheted items posted a decline of about 7 percent y-o-y.

In the first three quarters of the current financial year, India's handicraft exports grew to US$ 1.7 billion, registering a growth of nearly 19 percent as against exports of US$ 1.4 billion posted during the corresponding period of 2010-11.

About one million people work in the Indian handicraft sector. The country has major handicraft hubs like Saharanpur, Moradabad, Jodhpur and Jaipur, which produce products for export to international markets.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Textiles | On 8th Dec 2016

R&D is key to textile industry’s growth: Kavita Gupta

Research and development is the key to the growth of the textiles...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Pranav Mishra
Huemn

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

Mike Hoffman
Gildan Activewear SRL

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search