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TOG NEWS

Carpet expo brings revenue of about Rs 306 cr
By TOG News Service
Mar 12, 2018

TOG News Service, NEW DELHI, MAR 12, 2018: THE chairperson of Indian Carpet Export Promotion Council (CEPC), Mr Mahavir Pratap Sharma, stated that the 35th India Carpet Expo organized in New Delhi between March 8-11, 2018 had generated on the spot business of Rs 306 Crores. He further stated that over 2408 enquiries were received, which would further generate income of about Rs 100 Crores.

Mr Sharma further stated that the expo would result in opening up of new market opportunities for the industry, thus helping small and medium Indian carpet exporters to promote their products abroad. This would eventually project the agenda of 'Make in India' on a broader scale in overseas markets. He also praised the carpet expo, as being an ideal platform for international carpet buyers, house buyers and agents, architects, carpet manufacturers and exporters, to converge and establish business relationships. Mr Sharma also drew attention to the fact that about 60 countries participated in the expo.

The CEPC showcased products from more than 260 reputed small, medium and large manufacturer exporters from several states, such as U.P., Rajasthan, Haryana, Jammu and Kashmir, Punjab, Madhya Pradesh, Himachal Pradesh and Andhra Pradesh. Besides, it was stated that about 300 overseas carpet buyers visited the expo to generate business for this rural-based cottage sector. The Council endeavored to provide exclusive business environment to the both carpet importers as well as manufacturer-exporters, which ultimately would benefit about 2 million weavers and artisans employed in this highly labour intensive rural based MSME cottage industry.

Thereby, Mr Sharma also stated that this event would benefit those medium and small exporters who could not afford to display their products in overseas exhibitions, while also showcasing Indian capability to produce and supply quality products in time. He also expressed his praise for the men and women who worked untiringly to ensure that the expo was a success.