The export of handloom products rose at a CAGR of 6.9 per cent to US$ 368.0 million in 2015 from US$ 264.2 million in 2009–10. In 2014–15, the US was the major importer of Indian handloom products, with estimated purchases of US$ 107.95 million, followed by the UK and Germany at US$ 29.7 million and US$ 25.4 million, respectively. Italy, France, Japan, Saudi Arabia, Australia, the Netherlands and the UAE were some other export destinations. Exports of carpet and floor coverings, including mats and matting, were valued at US$ 149.82 million in 2014–15, growing at a CAGR of 64.97 per cent from US$ 12.26 million in 2009-10.
Production in the power-loom sector increased to about 37,566 million sq. m. in 2014–15 (P), up 2.1 per cent over the previous year. The power-loom industry accounted for around 58 per cent of the total cloth production in India during 2014–1. Approximately 6.1 million workers are expected to be employed in the industry. The domestic weaving market is witnessing strong growth due to a rapid increase in organised retail and disposable incomes; the market is estimated to reach US$ 141 billion by 2021.
INDIAN weaving Industry AT A Glance IN 2011 - 2012
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