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Trade Talk | May 2015

India Carpet Expo attains new heights

The 29th Edition of India Carpet Expo, which was inaugurated recently by Santosh Kumar Gangwar, Honorable Minister of State` for Textiles (independent Charge), Govt of India attained a new milestone in terms of number of overseas buyers and response from almost all carpet importing countries.

Kuldeep R Wattal, Chairman, CEPC while briefing the press said that while India Carpet Expo has attained the status of the largest carpet fair in Asia, it has also received great appreciation from the visiting overseas buyers in respect of new developments shown by the manufacturing countries, the latest designs and colour trends as per the feedback by the importing countries has added to the increase in number of orders being placed by the buyers and also an indication that Indian carpet industry in-spite of various set backs like hike in Import Duty by the Turkish Government on hand-knotted carpets, devaluation of Euro as well as other recessionary trends in the Europe is set to retain its status of number one exporter of carpets both in terms of value and volume.

Till the time of going to press 300 buyers has already transacted their business with participating exporters/ exhibitors and trend for coming two days also look very good.

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