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

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin
Chapurin

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

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