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

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Johan Berlin
InvestKonsult Sweden AB

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra
Huemn

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


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