Export Import

 Export Import Research Newspaper

ABM -- 502

PROBLEMS FACED BY CARPET INDUSTRIES OF INDIA

CONTENTS

RESEARCH METHODOLOGY4

INTRODUCTION5

TYPES OF CARPETS6

KEY CARPET GENERATING CENTERS IN INDIA7

MARKET SIZE AND SEGMENTATION9

GROWTH OPPORTUNITIES10

GLOBAL MARKET TO GET CARPETS11

PRESENT & UPCOMING GROWTH MOTORISTS OF THE INDUSTRY13

PRICING WITH THE INDUSTRY15

GOVERNMENT POLICIES RELATED TO CARPET AND HANDICRAFTS16

Exim Policy associated with the handmade items Sector16

Features of American indian hand crafted products for exports: 16

Problems faced by the CARPET INDUSTRY20

Other losing issues concerning handmade industries22

COMPARITIVE ANALYSIS OF CARPET- EXPORTING UNDERTAKINGS26

SUGGESTIONS28

CONCLUSION30

RESEARCH METHODOLOGY

OBJECTIVE FROM THE STUDY:

Every single research project possesses its own specific goal. The purpose of this kind of project is to identify the challenges encountered by the floor covering industry. Even more to check the secondary data collected with all the primary data. DATA OPTIONS:

Analysis is totally based on major data. Supplementary data has been used simply for reference. Research has been done by primary info collection, and first data continues to be collected by interacting with several people. The secondary data has been collected through different journals and websites. LENGTH OF STUDY:

The analysis was performed for a period of 10 days.

ADVANTAGES

Carpet Industry is one of the oldest industries in India. Carpeting Weaving was brought to India by Mughals. Over the period, various clusters have come about in the northern part of India. Initially, floor covering weaving was done simply at couple of centres. Due to several historical reasons and availability of resources, carpet manufacturing spread over the northern India. During the last many years, hand-tufted floor coverings have come about as one of the major categories. The Indian carpet industry through the post-independence period has seen an export-led growth. The outlook of floor covering industry is certainly much dependent on the exports. Export prospects of carpets essentially depend on overseas demand and domestic source potential.

The carpet industry in India can be an age-old, well established decentralised sector, using over a couple of million country workers, and who are generally non-agricultural country populace. Of india carpet can be an foreign trade oriented item & previously mentioned 90% of its development being exported. The market has made speedy strides during the post-independence period especially during and after seventies in the wake up of overseas demand which usually stimulated carpeting production and exports. Because of this, exports that have been worth about 3 crore in 1947-48 and eleven crore in 1970-71 signed up manifold maximize and exceeded Rs several, 600 crore in 2006-07. But after 2007-08 we have a sharp drop in foreign trade due to globally economic recession. Of india carpet has a special place particularly inside the heart in the people in the developed countries which absorb 88-90% of Indian carpeting exports.

USA and Germany, the 2 largest and established market segments for carpets and rugs together take into account 76% of India's export products. The different developed countries and only a number of developing countries account for other part. The carpet market is basically the two export-oriented and labour intense. Apart from making foreign exchange, the industry supplies employment to a large number of persons mostly in rural areas and helps in generating supplementary income for families.

TYPES OF CARPETS

Each sort of carpets has its tradition, design and style and significance catering to different needs of shoppers. They have designed unique competitiveness in the individual categories.

There are many kinds of rugs available in India. These are the following: Hand-knotted Woollen Carpets- These carpets came quite later in Indian scenario. They will came with the Mughals and craftsmen wereВ supported by ruling class for a while. Initially the patterns adopted were Turkish and Local...


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