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Indian Handicrafts' Exports Register 25% Growth In 2005By Sanjay Sharma, Section Business
Provisional data indicates that export of handicrafts from the country increased by Rs 2,568 crore during the previous financial year. According to Mr Navratan Samdria, chairman of the export promotion council for handicrafts (EPCH), export of
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The first phase of the Expo Mart will be partially operational this month and fully operational by October this year to provide high tech facilities to exporters to market their products in an international ambience. The master plan of the project provides for 20,00,000 lakh sq ft space, covering various facilities like exhibition halls, exposition mart, restaurants, conference centre, food plaza and a hotel. The mart has been conceived on the lines of the marts in the US, Europe and China, the statement said.
Exports during the year were Rs 14,033 crore as compared to Rs 10,465 crore in ‘03-04, according to a statement issued. In dollar terms, exports increased to $672m in ‘04-05, registering a growth of 29%. Export of embroidered and crocheted goods increased to Rs 4,200 crore during ‘04-05 as compared to Rs 3,286 crore in the previous fiscal year. This indicates an increase of 32%, he said. Export of art metalware increased to Rs 3,365 crore from Rs 2,642 crore, the statement said. Mr Rakesh Kumar, executive director of EPCH, said reasons for the growth in exports include entry into new markets, modifications in the product line as per customer designs, improvement in quality and reduction in production costs.
From The Economic Times - APRIL 23, 2005
Indian Handicrafts' Exports Register 25% Growth In 2005 | 1 comment (1 topical, 0 hidden)
Indian Handicrafts' Exports Register 25% Growth In 2005 | 1 comment (1 topical, 0 hidden)
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