Home / Knowledge / News / Textiles / Handicraft exports shoots up 44% in Nov
Handicraft exports shoots up 44% in Nov
31
Dec '09
Export of handicraft products went up to US $44.81 million, recording a growth of 44 percent in the month of November, which was the third consecutive month in which, the country's handicraft items witnessed export hike, as per the data of Export Promotion Council for Handicrafts (EPCH).

Executive Director EPCH, Mr. Rakesh Kumar expects this growing trend to continue further, and looks forward for fresh orders. Export of handicraft products witnessed positive trend from September this year, following 11 months' contraction, which began in October 2008.

This year, handicraft products' export in the month of September surged up by 177 percent and that of in October by 400 percent, against corresponding months of previous year.

Fall in exports during first six months of the ongoing fiscal year (2009-10) took its toll on the collective figures of April-November 2009, which fell to $912.30 million, down 15 percent compared to $1,074.39 million in the same period of last fiscal. Around 70 percent of the country's handicraft items are shipped to US and EU.

During the period April-October 2009, export of Hand printed Textiles & Scarves fell by 6.99 percent, Embroidered & Crochetted goods by 8.06 percent, Shawls by 2.25 percent and Zari & Zari goods by 7.50 percent in rupee terms and it plunged by 17.89 percent, 18.83 percent, 13.69 percent and 18.36 percent respectively, in US dollar terms.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

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

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

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Steve Cole
Xerium Technologies

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

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

Silvia Venturini Fendi
Fendi s.r.l

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

Robert Brunner
Devereux

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search