Carpet exports grow by 22% to $3.60 mn

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. In June 2009, the export was $2.94 million (about......

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and......

Indian carpets look for European spread

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......

No clean chit from US to Indian carpet industry

The United States said on Tuesday it had not given any clean chit to the Indian carpet industry on the issue of using child and forced labour."The Labor Department wishes to clarify that it has not......