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Handloom exports likely to exceed target for 2010-11
18
Feb '11
Union Textiles Secretary, Rita Menon, recently said that Handloom Export Promotion Council (HEPC) is all set to exceed the handloom export target of Rs 13.5 billion set for the 2010-11 fiscal.

She said this, while speaking at the inauguration of the first ever India International Handwoven Fair organized by the HEPC, at the Chennai Trade Centre.

She stated that, with all their concentrated efforts to upgrade the handloom sector, the Council is seen to easily surpass the target. The handloom items exports of HEPC for the last financial year stood at Rs 12.528 billion.

The domestic producers and exporters have opted for home textile products prepared from the conventional fabrics and dress materials, in order to fulfil the global demands.

The official further said that, the handloom sector in the country has immense potential and they visualize taking it at a higher level.

A complete range of products, excepting saris, are being displayed on a single platform at the fair, which henceforth would be held every year, Menon said, and added that, the HEPC seeks of the retail chains and the mega outlets to allocate a room completely for the handloom items.

Further, she stated that, the United States with a 42 percent share in the total handloom items exports from India stood to be the biggest importer of India's handloom items, while the European Union stood second with a 33 percent share.

Fibre2fashion News Desk - India


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