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Handicraft exports witness 16% hike in April 2010

20
May '10
Owing to the rising demand from US markets, exports of handicrafts from India during April this year increased by 16 percent to US $179 million as against exports worth $154.78 million during the corresponding period, last year.

Raj Malhotra, Chairman of the Export Promotion Council for Handicrafts stated that, though they were receiving reasonable number of export orders from the US markets, but not much business was coming in from the European markets.

He further stated that, the exporters were optimistic that even during this fiscal, exports would continue its upward march and would grow by nine to ten percent, over the last fiscal.

The items which have depicted a steady growth include, imitation jewellery which escalated by 21 percent, wood wares that grew by 20.66 percent, shawls (as art wares) which were up by 18.39 percent, as also zari and zari goods which rose by 16.67 percent and art metal ware which went up by 14.32 percent.

The country's handicraft exports after shrinking continuously for 11 months since October 2008, bounced back in September 2009 when it grew by around 160 percent.

Around 70 percent of the Indian handicrafts are exported to the US and European countries, while providing employment opportunities to over one million people. Also, Moradabad, Jaipur, Saharanpur, Jodhpur and Narsapur were the main handicraft centres supplying to the global markets.

Fibre2Fashion News Desk - India


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