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 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Yash P. Kotak
Bombay Hemp Company

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

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X