Impressive start to India Carpet Expo 2015

New Delhi, March 27 (KNN) The 29th Edition of India Carpet Expo has attained a new milestone in terms of number of overseas buyers and response from carpet importing countries with more than 300 buyers transacting business with participating exporters/exhibitors on the first two days itself.

 

Briefing the media, Shri Kuldeep R. Wattal, Chairman, Carpet Export Promotion Council (CEPC) said that while India Carpet Expo has attained the status of the largest carpet fair in Asia, it has also received great appreciation from visiting overseas buyers. The latest designs and colours employed, based on the feedback received from importing countries, have contributed to the increased number of orders. 

 

Shri Wattal added that the higher volume of business indicates also that the Indian carpet industry is set to retain its status as the number one carpet exporter, in terms of value as well as volume; this, he said, is despite setbacks such as hike in import duty on hand-knotted carpets by the Turkish Government, devaluation of euro and other recessionary trends in Europe.

 

The 4 day Expo was inaugurated on 27th March 2015 by the Minister of State for Textiles (I/C), Santosh Kumar Gangwar. The Expo that is being held at Pragati Maidan, New Delhi, will conclude today. (KNN/VV)