Home / Knowledge / News / Textiles / India's carpet exports increase 2% in August 2013
India's carpet exports increase 2% in August 2013
24
Sep '13
India’s carpet exports grew by 2 percent year-on-year and reached US$ 85.65 million in August 2013, owing to increasing demand from emerging markets like China, Latin America and Africa, according to data provided by the Carpet Export Promotion Council (CEPC).
 
In August 2012, India’s carpet exports stood at US$ 83.39 million.
 
The demand for Indian carpets has been reviving in the US market, whereas it is still low in the European markets, Business Standard reported quoting PTI.
 
However, the demand for Indian carpets has been rising in emerging markets such as Latin America, Africa and China, according to the CEPC.
 
Traditionally, the US and the European markets together account for more than 60 percent of India’s overall carpet exports.
 
The maximum growth in exports of carpets in the month of August were registered in the categories of handmade silk carpets which grew by 12.50 percent year-on-year, handmade woolen tufted carpets which recorded an increase of 5 percent, and handmade synthetic carpets which rose by 10 percent.
 
From April to August 2013, the country’s total carpets exports stood at US$ 457.36 million, which is an increase of 11.11 percent compared to the same period last fiscal.
 
In fiscal year 2012-13, India’s carpet exports earned over US$ 1 billion in foreign exchange.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella
Prathyusha Garimella

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

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:
June 2017

June 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