Thursday, April 12, 2012

India's handicraft exports climb 17.5% to $2.7 bn during FY12

Country's handicraft export advanced by 17.56 per cent to $2.7 billion during the financial year 2011-12 as compared to the same period in 2010-11, as informed by the nodal body of handicraft exports today.
 
The country witnessed the growth despite the sluggish demand in major importing markets like the US and Europe. 

The US and Europe together account for more than 60 per cent of the country's total handicraft exports. 

During the financial year 2010-11, the exports stood at $2.3 billion, as per the figures of the Export Promotion Council for Handicrafts (EPCH). In the last fiscal, the growth was mainly driven by growing demand in new markets like China and Latin America. 

3 comments:

  1. Handicrafts play very important role in representing the culture and traditions of any country or region. They are a substantial medium to preserve of rich traditional art, heritage and culture, traditional skills and talents which are associated with people’s lifestyle and history. Thanks a lot.

    Online Handicrafts

    ReplyDelete
  2. Thanks for posting all the helpful information about handicrafts. Keep up the good work.
    Handicrafts Online

    ReplyDelete
  3. Wow its so lovely to see the above figures. Indian art items are loved by so many people around the world. But the craftsman who make this handicrafts just get a penny from it. we should surely do something fort he craftsman to get the right deserving price for the items they make. thanks oyeart.

    ReplyDelete