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Exhibition Status Update!

With 3 weeks until SHOWTIME, the 20th Anniversary edition welcomes an All-Star cast of new and returning exhibitors, making up the largest DOMOTEX asia/CHINAFLOOR to date. Due to high demand in all product...

Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

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Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

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Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

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Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

India’s handicraft exports rise 10% in July 2013



(India)

India’s exports of handicrafts grew by 10 percent year-on-year to US$ 205 million in July 2013 due to the rising demand from markets like US, China and Latin America.

According to the data provided by Export Promotion Council for Handicrafts (EPCH) in India, the exports of handicrafts stood at US$ 185.88 million during the same period last year, The Economic Times reported quoting PTI.

Rakesh Kumar, Executive Director of EPCH, said there has been a rise in the demand of handicraft products from markets like China, Latin America and Africa.

The demand from the US market has been increasing but the demand in European markets still remains sluggish, he added.

US and Europe together account for 60 percent of India’s total exports of handicraft products.

The handicraft exporters are exploring new markets such as China, Latin America and Africa to reduce dependency on the traditional markets.

Ravi Passi, Founder of RK Arts and former chairman of EPCH, said the presence of handicraft items in new markets such as China and Latin America is expanding and the products are finding popularity. This trend is expected to continue for the coming months, he added.

In the period of April-July 2013, the exports of handicraft items grew by 12 percent to US$ 869 million compared to the same period last fiscal.

Last fiscal, India achieved its handicraft export target of US$ 3.3 billion.

Jaipur, Jodhpur, Saharanpur and Moradabad are the main handicraft centres in India that serve as a source of livelihood for over one million people, and cater to the domestic as well as international markets.


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