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India’s handicraft exports jumped about 35 per cent to $ 112.6 million in October 2013, on back of rising demand in western markets like US and Europe.
In October last year, these exports stood at $ 83.48 million, according to the data provided by the Export Promotion Council for Handicrafts (EPCH).
“With the revival in western markets, exporters are getting more orders from traditional markets like the US and Europe. Also, there is a good demand in emerging markets like China, Latin America and Africa,” EPCH Executive Director Rakesh Kumar said.
The US and Europe together account for about 60 per cent of the country’s total handicraft shipments.
During April-October 2013, the exports of handcrafted items grew about 12 per cent to $ 1.67 billion compared to the same period last fiscal.
The country’s total handicraft exports have met the target of $ 3.3 billion for 2012-13.
The handicraft sector employs one million people.
Moradabad, Jaipur, Saharanpur and Jodhpur are the major handicraft hubs in the country catering to global markets.
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