Home / Knowledge / News / Textiles / Carpet exports on revival mode – Maran
Carpet exports on revival mode – Maran
03
Mar '10
Textiles Minister Dayanidhi Maran while interacting with media on the sidelines of the India Carpet Expo 2010, a B2B event, organized in New Delhi by the Carpet Export Promotion Council (CEPC), said that in comparison with December 2009, exports of Indian carpets have grown by 8.5 percent in January 2010 and the momentum is expected to continue in months to come.

After inaugurating the event, which was also graced with the presence of Minister of State for Textiles Panabaaka Lakshmi and Secretary, Ministry of Textiles, Rita Menon, he stated that the carpet industry is invigorating with the increasing demands in European markets.

Maran held that they are delighted over inauguration of the carpet expo and buyer-seller meet. Last year only 200 buyers visited the expo, but this year by now already 300 buyers have enrolled themselves for the event. Thus, it reveals that the economy is invigorating.

Numbers of buyers from EU and US have notably increased with a good deal of carpets being exported there, which indicates that effects of recession are tapering off. Gradually, the carpet industry is revitalizing and now is portraying a positive trend, he added.

However, the CEPC data reveals that, exports of carpet for the period between April to January 2008-09 was US $413.30 million, and during corresponding period in 2009-10 it stood at $406.11 million, depicting a decline of 1.73 percent. But, for the month of January this year it has risen by 8.5 percent over previous month.

The India Carpet Expo 2010 in South East Asia is an exhibition of handmade carpets and other floor covering, which is internationally recognised and over 240 exhibitors from all over the country are exhibiting their latest designs of handmade carpets and other floor coverings.

Over 360 foreign buyers from all over the world inclusive of USA, UK, Germany, Canada, France, Italy, and South Africa have enrolled themselves with the council and are expected to visit the fair.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Urmil Arya

Sushila International, a well established textile organisation established ...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Urs Stalder
Sanitized AG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search