On September 11 2009, the Department of Labor had released an initial determination in the Federal Register proposing an update to the list of 29 products from 21 countries, including India.
Hit by the dollar-debasement, the Indian handmade carpet industry is all set to de-risk business by embarking on a new mission: That of looking beyond the US market and expanding its footprint in Europe.
India's carpet export rose by 22 per cent to $3.60 million (about 17 crore) in June year-on-year on account of good orders from the US and Europe.