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INDIA: Global crisis gnaws at vibrant carpet industry

As much as the textile and garment sector is facing a crisis, unfolded due to the economic meltdown, the Kashmiri carpet industry which has survived through the worst periods in the last two decades is facing the kind of challenges never witnessed before. The famous carpets woven across 30,000 handlooms in the state and which had a ready made clientele across the globe, is now in a state of disarray, brought about by the Tsunami like economic crisis which has engulfed worldwide economies. Experts warn of troubled times for the sector in the current year and expect overseas exports of carpets to fall by as much as 70 percent in the current financial year from the US $135 million achieved in the last fiscal. Carpet weaving is a tradition which goes back by more than 700 years and the tradition of weaving has been passed on to each successive generation. But looking at the current and expected future situation, this tradition might break. Weavers may have to look for alternative sources of employment and livelihood and as happened with the handicrafts and handloom sector in other parts of the country, the numbers of carpet weavers and artisans may diminish with time.


Added: March 10, 2009 Source: Agencies







Highlights of the Foreign Trade Policy

The Hon’ble Union Minister of Commerce & Industry, Government of India, had announced the Foreign Trade Policy on 8th April’05. Some of the Salient Features / Highlights of the proposals pertaining to Textile Industry in general and Handlooms in particular are. >> More


Salient features / Highlights of the Foreign Trade policy


Modern Processing Houses

The Indian Home Textile Industry has access to excellent infrastructure facilities and uses the latest technology and machinery.

Many manufacturers have set up state-of-the-art modern processing houses to roll out large volumes of high quality products to meet the international market demands and expectations. Needless to say that India’s Textile Exports have grown exponentially over the last decade.

Eco- Friendly Dyes: Use of Azo-Free Colours

The manufacturers in India are well aware that AZO free colours and dyes should be used. India has discarded the usage of banned materials in the dyeing process with safe substitutes, to ensure eco-friendliness of the products manufactured by the industry.