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Amit S
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Rapid commercialization has immensely benefited the carpet manufacturers across the globe. There has been a steady increase in the demand of carpets due to their enhanced role in the interior decoration of businesses and home establishments. Carpets suppliers are trying every trick in the book from using online marketing to highlighting the ergonomic features to capture new market segments in various locations.
A recent report confirms that the major players in the carpet industry include Pakistan, Afghanistan, India, China, England, France, Russia, the US and Persian countries. Emerging economies such as Asia-Pacific, Middle East and Latin America are also gaining leverage due to better resource management and cheap and abundant labour.
US is playing a pivotal role in the carpet industry worldwide. It recently imposed sanctions on Iran which has hampered their carpet exports significantly. It is estimated that the export of hand-woven carpets generates about $500 million annually for Iran’s economy, with 20 percent of the total earnings coming from the U.S. market. Carpet weaving is big business in Iran and one of the country’s biggest employers. Now that the sanctions have been placed it will hit their carpet industry hard though would give other countries a chance to fill in the gap.
On the other hand US is also making an attempt to boost the carpet industry of Pakistan (as a part of its good will gesture) by training the carpet artists, creating more jobs though more investment and other such measures. Other countries need not worry about this development as the Pakistan's economy is already in shambles and such steps are purely for survival and wouldn't empower them to become market leaders.
Experts believe as of now the carpet manufacturers are facing four main challenges . These are as follows
Availability of skilled workers and raw materials
Accessibility to capital
Understanding of conventional weaving patterns
Marketing concerns and competition among others
Worldwide, the US continues to enjoy its position as the largest market for the carpet suppliers and manufacturers. The region is trailed by Europe and Asia-Pacific at second and third positions respectively. Industry veterans say in terms of fastest growing region, Asia-Pacific, driven by India and China is positioned to take the lead through 2015.
Further reports confirm that Indian carpets exports have registered a growth of 24 percent in the first five months of this fiscal (2010-11) despite the slow economic recovery.
With the market being back on track and the rising demand with every quarter the only question remains - how much could the Indian carpets suppliers benefit? I think this is the time to execute the plans, the projections can take a back seat !
PS : Carpets suppliers get your online catalog today and make profits by tapping the business queries being generated across the globe on the web 24/7 . To know more , click on Carpet suppliers
A recent report confirms that the major players in the carpet industry include Pakistan, Afghanistan, India, China, England, France, Russia, the US and Persian countries. Emerging economies such as Asia-Pacific, Middle East and Latin America are also gaining leverage due to better resource management and cheap and abundant labour.
US is playing a pivotal role in the carpet industry worldwide. It recently imposed sanctions on Iran which has hampered their carpet exports significantly. It is estimated that the export of hand-woven carpets generates about $500 million annually for Iran’s economy, with 20 percent of the total earnings coming from the U.S. market. Carpet weaving is big business in Iran and one of the country’s biggest employers. Now that the sanctions have been placed it will hit their carpet industry hard though would give other countries a chance to fill in the gap.
On the other hand US is also making an attempt to boost the carpet industry of Pakistan (as a part of its good will gesture) by training the carpet artists, creating more jobs though more investment and other such measures. Other countries need not worry about this development as the Pakistan's economy is already in shambles and such steps are purely for survival and wouldn't empower them to become market leaders.
Experts believe as of now the carpet manufacturers are facing four main challenges . These are as follows
Availability of skilled workers and raw materials
Accessibility to capital
Understanding of conventional weaving patterns
Marketing concerns and competition among others
Worldwide, the US continues to enjoy its position as the largest market for the carpet suppliers and manufacturers. The region is trailed by Europe and Asia-Pacific at second and third positions respectively. Industry veterans say in terms of fastest growing region, Asia-Pacific, driven by India and China is positioned to take the lead through 2015.
Further reports confirm that Indian carpets exports have registered a growth of 24 percent in the first five months of this fiscal (2010-11) despite the slow economic recovery.
With the market being back on track and the rising demand with every quarter the only question remains - how much could the Indian carpets suppliers benefit? I think this is the time to execute the plans, the projections can take a back seat !
PS : Carpets suppliers get your online catalog today and make profits by tapping the business queries being generated across the globe on the web 24/7 . To know more , click on Carpet suppliers
Posted by
Amit S
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The Indian Handicrafts exporters have finally something to cheer about. The export figures for handicrafts in August this year have shown a rise of 22 percent to USD 369 million as compared to USD 303 million in August last year. The rise is attributed to Christmas orders from US and European markets.
The US and EU together account for 70 per cent of the country's handicraft exports and with Christmas and New Year approaching, Indian Handicrafts exporters will see more profits and export orders for their products in the days to come.
Indian handicrafts exporters have already generated half the target of $2,200 million during the first two quarters of this financial year. It marks 13.6 per cent growth when compared to handicraft export revenues of Rs 8,718.94 crore in the year 2009-10.
According to the provisional data available the exports of Handicrafts have shown an increase of 21.71% in dollar terms, during April-August 2010-2011, over the similar period in 2009-2010. The exports of art metal wares, wood wares, hand printed textiles & scarves, embroidered goods, zari & zari goods, imitation jewelry and misc. handicrafts have also shown an increasing trend.
The Handicrafts sector was hit hard by global recession; there was 30 percent decline in handicraft export orders for India in the last three years. The sector turned positive in September 2009, registering a growth of over 165 percent. Indian Handicrafts exporters are now hopeful that the positive trend will continue in the coming months also.
Moradabad, Saharanpur, Jaipur and Jodhpur are the major handicraft hubs in India, catering to global markets. The sector employs about 1 million people.
So, if you are an Indian handicrafts exporter and want to showcase your products to the global buyers, log on to tradeindia.com and see your business grow manifold.
The US and EU together account for 70 per cent of the country's handicraft exports and with Christmas and New Year approaching, Indian Handicrafts exporters will see more profits and export orders for their products in the days to come.
Indian handicrafts exporters have already generated half the target of $2,200 million during the first two quarters of this financial year. It marks 13.6 per cent growth when compared to handicraft export revenues of Rs 8,718.94 crore in the year 2009-10.
According to the provisional data available the exports of Handicrafts have shown an increase of 21.71% in dollar terms, during April-August 2010-2011, over the similar period in 2009-2010. The exports of art metal wares, wood wares, hand printed textiles & scarves, embroidered goods, zari & zari goods, imitation jewelry and misc. handicrafts have also shown an increasing trend.
The Handicrafts sector was hit hard by global recession; there was 30 percent decline in handicraft export orders for India in the last three years. The sector turned positive in September 2009, registering a growth of over 165 percent. Indian Handicrafts exporters are now hopeful that the positive trend will continue in the coming months also.
Moradabad, Saharanpur, Jaipur and Jodhpur are the major handicraft hubs in India, catering to global markets. The sector employs about 1 million people.
So, if you are an Indian handicrafts exporter and want to showcase your products to the global buyers, log on to tradeindia.com and see your business grow manifold.
Posted by
Amit S
comments (0)
"Art is not a handicraft, it is the transmission of feeling the artist has experienced." - Leo Tolstoy
Moradabad the "Brass City" famous for its huge export of brass handicrafts to North America, Europe and all over the world is very much perplexed these days. Their business is stumbling - going down by around 60 percent this year.
For the beginners, Moradabad is renowned for its brass work and has carved a niche for itself in the handicraft industry throughout the world. The main crafts are the modern and attractive brass ware, jewelry and trophies made by skilled artisans by loads of hardwork and sheer creativity. The artistic brass ware is exported to countries like United States, Britain, Canada, Germany, Middle East Asia etc. The quality of artefacts is often so fine that it usually leaves the foreign patrons gobsmacked, yearning for more. No doubt, there are about 600 export units and 5000 industries in the district. Moradabad exports goods worth around Rs. 2200 crore (USD 500 million) every year.
The brassware exporters are concerned about the fall in demand not just from US or UK, but also from the European Union. Indian Government still maintains that it is investing a lot of money to improve infrastructural facilities to promote the industrial activities at Moradabad like 24 hours UN-interrupted power supply, construction of By-pass etc. However the brassware exporters are not fully convinced with government's line of action.
Brass industry is being developed as a small scale industry in Moradabad. According to news reports, about 450 acres of land has been acquired to develop a new industrial area for Export Oriented Units (EOUs) at Pakbara to Dingarpur Road. Thus this could be a good opportunity for new entrepreneurs to establish their brassware projects.
The popular brass handicrafts that are mostly sought after are brass statues, brass figures, European statues, brass articles, brass candle holders, brass candle stands, brass cross statues, brass flower vase et al. Many buyers also like brass urns, brass artware, brass flower vase, brass statues, brass vases and brass wall hangings.
Industry insiders reveal that the main challenge before the Indian brass handicrafts industry is to involve the disenchanted local youth population to take this occupation as their full time business. They further say that the next important step would be to give them proper training (including technical innovations and marketing basics). The last step would be to make them fully understand the huge potential of this business. Unless and until a compelling drive is initiated, the brass industry of Moradabad could fade into oblivion.
PS : Brass handicrafts exporters get your online catalog today and make profits by tapping the business queries being generated across the globe on the web 24/7 . To know more , click on brass handicrafts exporters .
Moradabad the "Brass City" famous for its huge export of brass handicrafts to North America, Europe and all over the world is very much perplexed these days. Their business is stumbling - going down by around 60 percent this year.
For the beginners, Moradabad is renowned for its brass work and has carved a niche for itself in the handicraft industry throughout the world. The main crafts are the modern and attractive brass ware, jewelry and trophies made by skilled artisans by loads of hardwork and sheer creativity. The artistic brass ware is exported to countries like United States, Britain, Canada, Germany, Middle East Asia etc. The quality of artefacts is often so fine that it usually leaves the foreign patrons gobsmacked, yearning for more. No doubt, there are about 600 export units and 5000 industries in the district. Moradabad exports goods worth around Rs. 2200 crore (USD 500 million) every year.
The brassware exporters are concerned about the fall in demand not just from US or UK, but also from the European Union. Indian Government still maintains that it is investing a lot of money to improve infrastructural facilities to promote the industrial activities at Moradabad like 24 hours UN-interrupted power supply, construction of By-pass etc. However the brassware exporters are not fully convinced with government's line of action.
Brass industry is being developed as a small scale industry in Moradabad. According to news reports, about 450 acres of land has been acquired to develop a new industrial area for Export Oriented Units (EOUs) at Pakbara to Dingarpur Road. Thus this could be a good opportunity for new entrepreneurs to establish their brassware projects.
The popular brass handicrafts that are mostly sought after are brass statues, brass figures, European statues, brass articles, brass candle holders, brass candle stands, brass cross statues, brass flower vase et al. Many buyers also like brass urns, brass artware, brass flower vase, brass statues, brass vases and brass wall hangings.
Industry insiders reveal that the main challenge before the Indian brass handicrafts industry is to involve the disenchanted local youth population to take this occupation as their full time business. They further say that the next important step would be to give them proper training (including technical innovations and marketing basics). The last step would be to make them fully understand the huge potential of this business. Unless and until a compelling drive is initiated, the brass industry of Moradabad could fade into oblivion.
PS : Brass handicrafts exporters get your online catalog today and make profits by tapping the business queries being generated across the globe on the web 24/7 . To know more , click on brass handicrafts exporters .
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