1UGC Junior Research Fellow, Department of Economics, Faculty of Social Sciences, Banaras Hindu University (BHU), Varanasi-221005, Uttar Pradesh, (U.P), India
2Associate Professor, Department of Economics, Mahila Mahavidyalaya (MMV), Banaras Hindu University (BHU), Varanasi-221005, Uttar Pradesh, (U.P.), India
Online published on 19 May, 2016.
This paper aims to examine some of the major issues related to Indian Carpet industry and tries to analysis the trends of Carpet Exports from 2010 onwards using the 4 digit HS Codes. The Carpet industry in the past has faced certain problems in the international market due to the issue of Child labour. However, to some extent the beginning of social labeling has helped Indian Carpet Industry to emerge out of this crisis. Initially Indian Carpet exports faced opposition in International market due to problem of Child Labour but the inspection of social labeling helped the Industry to overcome this. After getting GI tag for Handmade Carpet, the value of export showed increasing trends, which is good for our country's future foreign exchange earnings. After the detailed analysis of the sub division based on HS code it was concluded that the Hand knotted and tufted varieties of Carpets are more important from an export point of view as compared to felt and no tuft categories. If Carpet exports have to be promoted then government as well as Industry bodies like AICMA and CEPC have to play an important role in generating awareness, providing technical support and penetrating new market.
Handmade Carpet Exports, Geographical Indication (GI), Harmonized System (HS) Code, Social Labeling, Child labour