Interviews
Handicraft exports post 22% surge in August
12 Oct '10
1 min read
Increased demand from the US and EU markets offered a 22 percent fillip to India 's handicraft export, escalating it up to US $369 million in the month of August this year against the export totaling to $303 million in August 2009.
70 percent of Indian handicraft exports goes to the US and EU. The products such as imitation jewelry, wood-ware, shawls as art-ware and art-metal wares recorded maximum growth in exports by about 37 percent, 30.16 percent, 26.97 percent and 22 percent, respectively.
These exports showed a growth of 21.71 percent to $960 million, during April-August, this year. Such a positive trend is expected to continue in coming months which has started since September 2009 after the adverse impact of global economic recession.
70 percent of Indian handicraft exports goes to the US and EU. The products such as imitation jewelry, wood-ware, shawls as art-ware and art-metal wares recorded maximum growth in exports by about 37 percent, 30.16 percent, 26.97 percent and 22 percent, respectively.
These exports showed a growth of 21.71 percent to $960 million, during April-August, this year. Such a positive trend is expected to continue in coming months which has started since September 2009 after the adverse impact of global economic recession.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Editor’s Pick
Yohan Lawrence
Joint Apparel Association Forum (JAAFSL)
Aleksandre Akhalkatsishvili
Label - Aleksandre Akhalkatsishvili
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
