Home / Knowledge / News / Textiles / India's carpet exports grow 8.4% in April 2013: CEPC
India's carpet exports grow 8.4% in April 2013: CEPC
07
May '13
Stirred by strong demand from the US, Latin America and China, India’s carpet exports grew to US$ 89.3 million during April 2013, registering an increase of 8.4 percent over April 2012’s exports of US$ 82.33 million, the Carpet Export Promotion Council (CEPC) statistics shows.
 
The segments that posted highest export growth during April include handmade silk carpets which grew by 26 percent year-on-year, handmade woollen knotted carpets by 7.13 percent year-on-year, handmade tufted carpets by 12.26 percent year-on-year and synthetic carpets by around 5 percent year-on-year.
 
CEPC attributed the rise in India’s carpet exports to good demand from emerging markets like Africa, China, the US and Latin America.
 
Traditionally, more than 60 percent of India’s carpet exports are towards the EU and the US markets. 
 
In 2012-13, India exported US$ 1.07 billion worth of carpets, showing a rise of 12 percent year-on-year, due to robust demand from new markets like China, the US and Latin America, alongside the traditional US market.
 
More than one million people in India depend on carpet export sector for livelihood.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Apparel/Garments | On 25th May 2017

AAFA reinforces opposition to Border Adjustment Tax

The American Apparel & Footwear Association (AAFA) has reinforced its ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Kai Poehler
Voith Paper GmbH & Co. KG

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

Johan Berlin
InvestKonsult Sweden AB

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi
SVA

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

Pranav Mishra
Huemn

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

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