Home / Knowledge / News / Textiles / India's handicraft exports to jump 15% in FY'14: EPCH
India's handicraft exports to jump 15% in FY'14: EPCH
27
Aug '13
Backed by rising demand from emerging markets like China, Africa and Latin America, India’s handicraft exports are expected to rise by over 15 percent to surpass the US$ 3.8 billion export target set for 2013-14, Export Promotion Council for Handicrafts (EPCH) Executive Director Rakesh Kumar has said.
 
Though the demand from European markets is still moving sluggishly, exporters are receiving good response from traditional US market, and also new markets like China, Africa and Latin America. This persuaded them to fix a higher export target for the current fiscal year, above last year’s exports worth US$ 3.3 billion, Economic Times reported quoting Mr. Kumar.
 
According to the EPCH data, the sector’s exports grew by about 12 percent to US$ 869 million during first four months (April-July) of the current fiscal, as compared to same period of previous fiscal.
 
The items that posted positive export growth during the period included hand-printed textiles and scarves, whose exports posted an 8 percent year-on-year rise, and shawls as artwares, whose exports grew by about 31.69 percent year-on-year.
 
Jaipur, Jodhpur, Saharanpur and Moradabad are the main handicraft centres in India that serve as a source of livelihood for over one million people, and cater to the domestic as well as international markets. 
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jun 2017

US initiates probe into PSF imported from 5 nations

The department of commerce of the US has initiated investigations for ...

Textiles | On 26th Jun 2017

USTR announces AGOA review for Rwanda, Tanzania & Uganda

The office of the US trade representative (USTR) has announced the...

Textiles | On 26th Jun 2017

Braskem invests in polypropylene production facility in US

The Board of Directors of Braskem, one of the largest producer of...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Kai Poehler
Voith Paper GmbH & Co. KG

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

Larry L Kinn
Suominen Corporation

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

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

Prathyusha Garimella
Prathyusha Garimella

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

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:
July 2017

July 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