Carpets

The current geopolitical situation in the Middle East is not likely to have an impact on the Indian carpet fair and may offer an advantage to Indian exporters, Carpet Export Promotion Council Chairman Kuldeep Raj Wattal has said. The Carpet Export Promotion Council (CEPC), which plays a crucial role in promoting the carpet industry, has been organising biannual fairs that attract domestic as well as international buyers. "The current geopolitical situation in the Middle East will not affect the Indian carpet fairs. Instead, it may offer an advantage to Indian exporters, especially if Iranian production is impacted," CEPC Chairman Kuldeep Raj Wattal told PTI. On the cancellation of the 'Domotex fair' in Germany, a major event for global carpet trading, Wattal said "this presents an opportunity for increased orders at the ongoing 'India Carpet Expo 2024'." The CEPC is targeting an export trade goal of Rs 500 crore to Rs 700 crore during this expo. The 'India Carpet Expo 2024' in Bha

The National Commission observed that Aryan Exports' recovery of US $59,180 exceeded the consignment's value and concluded that further claims would amount to unjust enrichment

With his one little gesture, Prime Minister Narendra Modi has lit up hopes of hundreds of carpets makers of Kashmir, who believe his gifting a silk rug to a French dignitary will give a much needed boost to the local industry. Modi's gifting a hand-made Kashmiri silk carpet to the president of the French national Assembly during his current visit to the European nation has not lost on the local rugmakers, who see the act virtually as an advert. Shahnawaz Ahmad Sofi, a carpet unit holder, said the move was great and may stem the decline in carpetmakers fate in Kashmir. "We have seen the downfall of Kashmiri carpets in past decades but steps like these will give a boost to the carpet industry," Sofi told PTI. "If things like these happen at international level, obviously it will encourage the weavers. It was a royal Taj designed carpet which the PM gifted. It is a very famous design and only master artisans of silk carpets in Kashmir can make this design," he added. Mohd Rafiq, a ma

Varanasi, Bhadohi, Mirzapur and Moradabad are patently identified with the production and export of handloom, carpets and brassware, respectively

While Obeetee operates at the high-end, Chatterjee believes that there will be opportunities for players across the segments

Among the top-selling UP products are leather goods, carpets, hand woven textiles, brassware, glassware, sports goods, etc

An industry, unravelling: Work is demanding, pay just enough

Most units running at 20-15% capacity, many are facing payment issues for orders already executed

The labour cost works out to around 60 per cent of the product cost in hand crafted carpets as compared to 15-20 per cent in machine made products

There's a plethora of choices, with prices starting from a few thousands, going up to a lakh and more; be choosy and discering when you buy, as it is something you'll own for a very long time