Home / Knowledge / News / Textiles / Iran earmarks US$1.5bn to boost handicraft exports
Iran earmarks US$1.5bn to boost handicraft exports
30
Aug '12
To aid handicraft exporters in the country, Iran has earmarked a sum of US$ 1.5 billion, Iranian Cultural Heritage, Tourism and Handicrafts Organization stated.
 
The sum would be disbursed to the exporters as loans repayable with six percent interest.
 
As per the official reports, the country’s handicraft exports including carpets and rugs, for first quarter of the current Iranian year that commenced on March 20 grew at a year-on-year rate of 276 percent. This percent is expected to grow to 300 by close of the year.
 
During last Iranian year, the country exported about US$ 500 million worth of handicrafts, including handwoven carpets. This is expected to rise to US$ 1.5 billion this year.
 
Carpet and rug weaving, Persian embroidery, Termeh or special table clothes and Zaridozi are some of the handicrafts exported by Iran.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eamonn Tighe
Nature Works LLC

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

Silke Brand-Kirsch
Schlegel und Partner

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

Madhu Jain
Madhu Jain

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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:
May 2017

May 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