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China is going to be a
big market for Indian
Handmade Carpets:
Chairman, CEPC
India Carpet Expo at Varanasi has
witnessed the overwhelming presence of 350 overseas buyers, in
addition to 276 buying representatives, in the first three days.
A delegation from Yiwu city of China
visited the India Carpet Expo on 13th
October, 2015 on an invitation from
CEPC. Mr. Wang Bi Rong, Director
General Bureau of Commerce led the
delegation of eight members to study
the qualities of Indian handmade carpets displayed by 303 exporters from
all over India.
The delegation from CEPC was led
by Shri Kuldeep R. Wattal, Chairman,
CEPC, accompanied by all Members
of Committee of Administration of the
Council. A presentation was made
about the economy and market position of the Yiwu City, by Mr. Wang Bi
Rong. The Chinese delegation was
very excited to visit the Expo and informed that they witnessed a very high
quality in Indian handmade carpets,
which they did not find in China. The
delegation was confident that the Indian handmade carpets would get a
very good sales response in Yiwu City.
They informed that after the Expo, they
will discuss with CEPC in arriving at
a Memorandum of Understanding
(MoU) for promoting and selling Indian
handmade carpets in Yiwu. CEPC
Chairman, Shri Kuldeep R. Wattal expressed hope that such collaborations would give a boost to exports of
Indian carpets to China.
While thanking CEPC for hosting them
and giving them an insight into Indian
handmade carpets industry, Mr. Rong,
the Director General, expressed the
desire to have a strong representation of Indian Handmade Carpet Exporters in Yiwu City in their May 2016
show. Chairman, CEPC appreciated
that he will apprise Honble Prime Minister Shri Narendra Modi of the efforts
made by Carpet Export Promotion
Council in providing excellent infrastructure to the manufacturers from
Varanasi-Bhadohi-Mirzapur belt in promoting Indian carpets and helping the
artisans and weavers of this area.
Some of the leading and reputed buyers from US, U.K., Brazil, South Africa and other European countries who
visited the fair spoke very encouragingly about the display of various
handmade carpets, floor coverings
and arrangements made by the organizers. Organizers are extremely
happy with the results and hope that
more and more buyers will come.
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has painted a shawl map of Srinagar on paper for the first time. Exporters and
NGOs have been using the craft maps to locate crafts for sourcing, marketing and design development. The maps have helped in promoting many an
unknown area and craft. The craft maps have reached many parts of the
world and are a unique cartographic documentation of crafts, textiles and
traditional arts. They were displayed by the GoI at the Frankfurt Book Fair
when India was the guest country, and by Govt of Delhi at London as part of
a major exhibition at Trafalgar Square. The first exhibition was inaugurated by
late Dr. A.P.J. Abdul Kalam in 2005 at Dilli Haat.
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Over the years, IRANTEX has gained a reputation of being a successful textiles exhibition. 12 Indian companies
participated in IRANTEX 2015 through the Cotton Textiles Export Promotion Council (Texprocil). Texprocil also
had a booth for itself own which served as an information
centre at the exhibition.
The Indian Ambassador in Iran, Shri Saurabh Kumar visited the Fair booth along with other Embassy officials .
The Ambassador took a round and interacted with all the
12 Indian companies. They expressed satisfaction with
the exhibition. All of them have reported to have established good contacts with prospective buyers and are looking forward to participate in the next edition of IRANTEX.
According to Texprocil, India was the second largest supplier of Cotton textiles (Yarn, Fabrics & Madeups) to Iran
during the period January- December 2014 with total exports of USD 40.54 million constituting a share of 17.50%.
India was next to China whose exports of Cotton textiles
during the same period touched US$ 91.74 million with a
share of 39.61% .
Irans textile & clothing industry Irans textile and clothing
industry accounts for more than 25% of its industrial employment and constitutes for more than 30% of exports.
The countrys textile companies are mostly based in the
Central provinces such as Yazd and Isfahan as well as in
the cities of Tehran and Qazvin.
Iran features in the list of the worlds top 20 textile investment opportunities and industry experts believes there is
still a wealth of untapped potential in Irans textile & clothing industry just waiting to be discovered by overseas
investors.
Middle East, after Egypt. It has a highly educated population with a lot of pent up demands. Its US $ 400 billion
economy, crippled by sanctions, is poised to surge. Good
opportunity for enhancing trade in textiles exist between
Iran and India. But exporters & importers of both the countries were reluctant in dealing with each other due to the
sanctions on Iran.
However, Iranian businessmen, industrialists and traders
were looking forward to healthier trade relations with their
counterparts in India, as sanctions on Iran would soon be
lifted. Sanctions on Iran and suspension of L/C has terribly affected trade between the two countries, but the situation is likely to improve in the next two or three months
after lifting of sanctions.
Opportunities in Iran
There are lots of business opportunities in Iran, a country
of 78 million people the second largest population in the
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and direct access to Persian Gulf
countries ,CIS and Russia.
5. Being in the list of the worlds top
20 textile investment opportunities.
6. Special loans ,subsidies and incentives allocated by Iranian Government to boost the industry.
Way Forward
There is good potential for India to
export Cotton textiles to Iran after the
sanctions are lifted keeping in view
the fact that Iran has got good relation with India despite the sanctions.
However, the developments in Iran
need to be watched closely for the
next few months.
Further, exporters should also exercise due caution in assessing the credibility of the Iranian buyers while negotiating export business.
According to the Islamic Republic of
Iran Broadcasting (IRIB), 340 Iranian
and foreign companies (with 162 Iranian companies and 178 foreign firms
in attendance) exhibited their products.
The number of foreign participants recorded a 15 percent growth compared
to the previous edition of the event.
Companies from South Korea, Spain,
Italy, United Arab Emirates, Turkey,
India, China, Taiwan, Germany and
Pakistan showcased their latest
achievements and products in the
Fair.
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DARSHIT ADVT.
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Viet Nam's textile industry to rely on Indian
cotton
India had great opportunities to provide raw materials for Viet Nam's textile industry, said Doan Duy Khuong,
vice chairman of the Viet Nam Chamber of Commerce and Industry (VCCI),
at the Viet Nam - India textile cooperation conference in Ha Noi.
The domestic garment and textile
sector had to import a large quantity
of cotton as the country's cotton output met only 1 per cent of local producers' demand, said the chairman.
Viet Nam needs more than 500,000
tonnes of cotton per year to meet rising demand.
Meanwhile, India had sufficient supply of material for the Vietnamese textile industry, he said.
India is the world's second largest
manufacturer of cotton, silk, cotton
cellulose, and fibers with approximately US$100 billion in revenue a
year, of which $40 billion was from
exports.
Bilateral cooperation in textile and
garment sectors has drawn the attention of leaders and business communities of Vietnam and India.
On the occasion of the visit to India
by Prime Minister Nguyen Tan Dung
in October 2014, the Indian Government offered a $300 million line of
credit to Viet Nam as an impetus to
accelerate textile trade and investment
between the two countries, said
DoThang Hai, Deputy Minister of Industry and Trade.
Through the conference, the Indian
side had fruitful discussions about the
operation of the credit line with Vietnamese agencies and enterprises in
the future, said Vishvajit Sahay, joint
secretary of the Department of Heavy
Industry under Indian Ministry of
nificant growth with total trade turnover of $5.59 billion in 2014, increasing by 9.84 per cent compared to
2013.
Viet Nam has exported $2.5 billion of
products to India and imported goods
valued at $3.13 billion from India.
Total trade between the two countries
reached more than $3 billion through
the first seven months of this year.
Major export items of Viet Nam to India include computers, electronics,
components, mobile phones and
parts, automobile spare parts, rubber,
chemicals, coffee, pepper, fiber of all
kinds and wood.
Meanwhile, the main import items of
Viet Nam from India are seafood,
machinery and components, pharmaceutical products, cotton, corn, steel,
livestock and petrol. (Courtesy : VNS)
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