Home / Knowledge / News / Textiles / India's handicraft exports rise 13% on US demand
India's handicraft exports rise 13% on US demand
21
May '13
Owing to recovery in demand from the US market, India’s handicraft exports surged 13 percent to US$ 256.8 million in April this year, as against April 2012’s US$ 227.16 million, Export Promotion Council for Handicrafts (EPCH) data shows.
 
The items that posted positive export growth during the month includes hand printed textiles and scarves, whose exports grew by about 10 percent year-on-year, and shawls as artwares by 29.3 percent year-on-year.
 
Alongside revival in demand from traditional markets like the US, producers are also receiving good number of orders from new markets like Latin America, Africa and China, EPCH Director Rakesh Kumar said, according to SME Times. 
 
However, demand from the EU is still to perk up, Mr. Kumar said.
 
Traditionally, around 60 percent of India’s total handicraft exports are destined to the EU and US.
 
In fiscal 2012-13, India successfully achieved its handicraft export target of US$ 3.3 billion.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eamonn Tighe
Nature Works LLC

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

Yash P. Kotak
Bombay Hemp Company

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

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

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