Home / Knowledge / News / Textiles / Carpet exports surge 19% in April
Carpet exports surge 19% in April
01
Jun '11
According to the recently released Carpet Export Promotion Council (CEPC) data, country's carpet exports have registered a year-on-year rise of around 19 percent during April this year, due to soaring demand from western markets.

The exports grew from last April's US$ 47.80 million to US$ 56.53 million in April 2011.

The present rise in demand is attributed to the revival of the US and the European markets after the economic slump. Another reason for the growth in carpet exports is a rise in demand in the new markets, particularly, Latin America and Middle East.

Exports of country's major carpet items witnessed a surge in April this year. These included rugs, durries, handmade woollen carpets and druggets. Cotton carpets exports also registered a rise during the period.

Besides, a year-on-year rise has also been witnessed in export of other segments of handmade carpets made from silk, staple/synthetic, and woollen tufted carpets.

During fiscal 2010-11, India's overall carpet exports witnessed a 24 percent rise and jumped to US$ 653 million from previous fiscal's US$ 525 million, the CEPC data revealed. For the current 2011-12 fiscal, the Council has set a target to attain US$ 800 million in carpet exports.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

Indian GDP to grow at 7.5% this fiscal: Arun Jaitley

The GDP of India will grow at the rate of 7.5 per cent in 2017-18 as...

Textiles | On 24th Apr 2017

US’ textile manufacturers applaud Buy American order

US' National Council of Textile Organisations has favoured President...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
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