Carpet exports jump 5% in Sept

Exports stood at $69.98 million in Sept last year

India's carpet exports grew 5% to $73.5 million in September on rising demand from emerging markets like China, Latin America and Africa.

In September last year, these exports stood at $69.98 million, according to the data provided by the Carpet Export Promotion Council (CEPC).

"The demand in the European market is still low, while the American market is reviving. Besides, there is a demand for our carpets in emerging markets such as Latin America, Africa and China," a CEPC official said.

The US and European markets account for over 60% of the country's total carpets exports.

The categories that registered maximum growth in September are handmade silk carpets which grew 23%, followed by handmade synthetic carpets at 5% and handmade woollen tufted carpets at 4.9%.

During April-September of 2013-14 fiscal, carpet exports jumped 10.23% to $530 million compared to the same period last fiscal.

In 2012-13, carpets exports crossed the $1 billion mark. The sector employs over a million people.