Panipat notified as Town of Export Excellence for carpets, other textile floor coverings and bed linen
New Delhi, July 30 (KNN) The Government has notified Panipat in Haryana as Town of Export Excellence for carpets, other textile floor coverings and bed linen.
The Directorate General of Foreign Trade (DGFT) has said this in a notification.
Panipat is a major cluster of carpet manufacturers in Haryana with about 200 units in the micro, small and medium enterprises. Haryana is one of the four major carpet producing belts.
The Panipat cluster gives direct employment to over 10,000 people.
Haryana alone exports carpets worth over Rs 3,000 crore. Besides exports, it supplies carpets worth Rs 1,000 crore in the domestic market.
The GST Council, after demands from the Panipat Carpet industry, had slashed GST rate from 12 per cent to 5 per cent to make Indian carpets competitive.
Panipat’s handmade carpet industry took a sigh of relief after the rate cut as it was unable to face competition from Turkish imports. (KNN Bureau)