India Carpet Exports Grew By About &Nbsp In July; 6%
Exporters intend to reduce their dependence on traditional markets such as the United States and Europe, and are now facing new challenges. market Conduct an investigation. They expanded their exports to new markets, such as Dubai, Brazil, Russia and Australia, to reduce dependence on traditional markets. Meanwhile, as experts point out, demand for African countries has increased significantly.
In the 2010-11 year, the export of carpets is expected to increase by 25% to 650 million US dollars. Experts believe that the growth rate of 25% has been maintained successfully in the past 3 months, and they believe that this positive trend will remain.
Judging from the classification, the maximum growth rate of hand-made wool tufted carpet is 8.33%, handmade. Wool carpet The growth rate is 7.11%, and the growth of chemical fiber carpet is 1.16%. About 70% of all carpet exports in India are sold to the United States and Europe.
Since October 2008, the export of carpets has continued to decline, but since November 2009, exports have been showing positive growth again.
The India carpet industry provides a source of living for about 2 million 500 thousand workers.
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