Handicrafts exports rise 11% in June
9 July 2013 10:32 PM GMT
India’s handicrafts exports grew about 11 per cent year-on-year to $178 million in June this year, despite weak demand in western markets like Europe.
In June 2012, these exports stood at $161 million, according to the data provided by the Export Promotion Council for Handicrafts (EPCH). ‘There has been an increase in the number of orders from emerging markets like China, Latin America and Africa,’ an EPCH official said.
He said that the US market has started picking up, but the demand is still sluggish in European countries.
The US and Europe together account for about 60 per cent of the country’s total handicraft shipments.Among the items that registered increase in June 2013, imitation jewellery saw the highest growth of 42.3 per cent, followed by shawls as artwares about 40 per cent and hand printed textiles 35.7 per cent.
During April-June 2013, handcrafted items grew about 12.5 per cent to $665 million compared to the same period last fiscal.
In June 2012, these exports stood at $161 million, according to the data provided by the Export Promotion Council for Handicrafts (EPCH). ‘There has been an increase in the number of orders from emerging markets like China, Latin America and Africa,’ an EPCH official said.
He said that the US market has started picking up, but the demand is still sluggish in European countries.
The US and Europe together account for about 60 per cent of the country’s total handicraft shipments.Among the items that registered increase in June 2013, imitation jewellery saw the highest growth of 42.3 per cent, followed by shawls as artwares about 40 per cent and hand printed textiles 35.7 per cent.
During April-June 2013, handcrafted items grew about 12.5 per cent to $665 million compared to the same period last fiscal.
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