Home / Knowledge / News / Textiles / Carpet exports surge in Q1 of fy 2010-11
Carpet exports surge in Q1 of fy 2010-11
Aug '10
Riding on the back of demand from newer markets like Russia and Dubai, India's carpet exports reported a growth of around six percent and stood at $53 million in July this year, over corresponding period of last year when it stood at $49 million.

Exporters intending to trim down their reliance on conventional markets like US and Europe are now surveying newer markets. They are branching out in budding markets like that of Dubai, Brazil, Russia and Australia to lessen reliance on the traditional markets. Also, as stated by the industry experts, a surge has been noticed in demand from the African countries.

Carpet exports are projected to grow by 25 percent to reach $650 million in 2010-11, year on year. Experts maintained that they have succeeded in retaining a growth rate of 25 percent for last three months, and were positive that this would persist.

Amongst the categories that depicted highest growth were handmade woollen tufted carpets with a growth rate of 8.33 percent, handmade woollen carpets with a growth rate of 7.11 percent and synthetic carpets with growth rate of 1.16 percent. Of the country's overall carpet exports, around 70 percent goes to the US and Europe.

Carpet exports, which were running negative since October 2008, once again started chalking positive growth rates from November 2009. The industry is a source of livelihood for around 2.5 million workers.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler

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

Prathyusha Garimella
Prathyusha Garimella

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

Silvia Venturini Fendi
Fendi s.r.l

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search