New Delhi, April 28 (IANS) The supply of natural gas to the textiles and handicrafts sector is being maintained at 80 per cent of the past six months’ average consumption, despite the disruptions in imports due to the closure of the Strait of Hormuz, since it has been categorised as a priority industry, the Ministry of Textiles said on Tuesday.In case of supply disruptions, public sector gas utility GAIL is intermittently sourcing supplies from the spot market to meet domestic demand, the minist…
Latest Carpet Export Promotion Council News & Updates
Bhadohi (Uttar Pradesh), Feb 8 (IANS) A wave of enthusiasm has swept through Bhadohi’s carpet industry following the India-US trade deal and tariff cuts on Indian products, with exporters expecting up to a 20 per cent boost in business and describing the development as a “Diwali-like” moment for the sector. Local exporters have credited Prime Minister Narendra Modi’s balanced diplomatic approach and sustained dialogue for the breakthrough, congratulating him along with Union Ministers Pi…
Bhadohi, Feb 3 (IANS) A major boost has come for India’s carpet industry from across the seas, as the United States has slashed import tariffs on Indian carpets from 50 pc to 18 pc. The decision has brought renewed optimism among exporters in UP’s Bhadohi—India’s carpet hub—and strengthened the country’s position amid stiff competition from neighbouring nations in the global market. India exports carpets worth nearly Rs 17,000 crore annually across global markets, with the United Sta…