Home / Knowledge / News / Textiles / Carpet exports from India up 24%
Carpet exports from India up 24%
27
Sep '10
Regardless of the sluggish economic recovery, initial five months of the current financial year has seen carpet exports from India going up by 24 percent.

Industry experts here said that, the growth was quite foreseeable, but then the demand from US and European countries still remains to be sluggish. However, exporters are selling carpets at pretty low rates which is negatively impacting the sector's worth.

Carpets worth of around US $220.04 million were exported in the initial three months of this fiscal, as against exports worth $177.34 million during corresponding period last fiscal.

However, there is impending demand coming from other markets like Africa, Middle-East, Latin America, Japan, China and Turkey.

During the period from April to June this year, while woollen carpet exports grew to $204.95 million against $163.36 million during corresponding period last year, silk carpets were up from last years' $8.99 million to $9.54 million, while synthetic carpets rose from $4.99 million to $5.55 million.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ashok Desai
Bombay Textile Research Association

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

Igor Chapurin
Chapurin

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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:
April 2017

April 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



X