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INDIAN CARPET EXPORT
India-Oman trade pact creates strong export push for India's textile MSMEs: GovtIndia's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agr...
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
From Royalty to Retail: The Cultural Renaissance of the Indian DiamondIndia's diamond legacy began with the legendary Golconda mines, once the world's primary source, yielding stones that adorned royalty and f...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
India–New Zealand $20 billion FTA: List of sectors set to gain ground as the deal kicks inIndia and New Zealand have signed a Free Trade Agreement. This pact offers zero-duty access for most Indian exports. Key sectors like texti...
From $300 to $8,500 freight: West Asia war squeezes UP MSMEs, delays stretch to 60 daysExporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.
Input costs may deny exporters edge gained from rupee at record low. Textiles, leather, agro products, carpets may benefitThe Indian rupee has reached an unprecedented low against the US dollar. While this opens up favorable avenues for exporters, the simultane...
US tariff cut to boost Indian carpet exports, benefit 2.5 million weavers: CouncilIndian carpets will now face lower US tariffs, dropping from 50 percent to 18 percent. This significant reduction offers substantial relief...
UP: Bhadohi's carpet sector faces uncertainty due to US tariffs; "most goods on hold" says CEPCCarpet traders in Bhadohi faced significant challenges due to US tariffs. The Carpet Export Promotion Council reported a major business dec...
Shipments on hold, industry in wait-and-watch mode — India’s carpet industry reels under impact of US tariffsTrump’s tariffs have compounded the worries of an industry that was already struggling to survive amid issues of labour and raw material av...
Unknotting Kashmir’s carpet woes: Hand-knotted Kashmiri silk carpets called Kal Baffi are making a subtle, yet striking, comebackKashmir's tourism is booming, and its hand-knotted silk carpets are reviving. These carpets, known as Kal Baffi, face challenges like US ta...
Current geopolitical situation not likely to impact Indian carpet fair: CEPC ChairmanIn the fiscal year 2023-24, India's carpet exports reached Rs 15,530.47 crore, with Bhadohi alone contributing a significant 60 per cent, a...
India’s creativity and craftsmanship in handmade carpets exposes the limits of China’s manufacturing abilityIndia’s rich heritage, skills and creativity in carpet weaving has made it the world’s largest exporter of handmade carpets, beating China.
41st India Carpet Expo kickstarts its virtual edition to a host of overseas buyersTouted as Asia’s largest carpet expo, the virtual fair aims to cater to the demand of Indian handmade carpets in emerging economies in the ...
GST has hit carpet exports, livelihoods of 20 lakh workers: CEPCThe Carpet Export Promotion Council (CEPC) based its findings on feedback received from various carpet manufacturers and exporters associat...
Indian handmade carpets may get government trademarkThe textile ministry has begun efforts aimed at creating a brand for Indian handmade carpets along the lines of Australia’s Woolmark, which...
- India seeks lower duty on carpet exports to China
Concerned over high import duty imposed by China on carpets, India sought lowering the levy arguing it would help in addressing the trade i...
- Carpets exports grow by 7 per cent in May
Carpets exports increased 7 per cent to $73 million in May year-on-year, on account of rising demand from emerging markets like China and L...
- Carpet export slips 12% in 2009-10
India's carpet export declined by about 12 per cent to USD 525 million in 2009-10 compared to the previous fiscal mainly due to less demand...