Maran expresses confidence over maintaining pace in carpet export

New Delhi, Feb 23 (ANI): Union Textiles Minister Dayanidhi Maran on Tuesday expressed confidence country would maintain the positive trend of growth in carpet export.

Interacting with the media on the sidelines of the 16th India Carpet Expo here, Maran, said: "The number of buyers have increased this time as compared to the last expo, this trend shows that the economy is reviving. The number of buyers from the USA and Europe also gives us hope that the recession there is over."

He informed that the month- on- month basis carpet exports have grown by 8.5 percent till January 2010.

"We were negative 15 per cent, now we are showing 5-7 per cent growth. overall month-on-month, we can say we are positive but overall we are still negative," Maran said.

Commenting on the stimulus package to weavers Maran said:" Three stimulus packages given by the government has helped Textiles industry a lot. That is the reason, this industry has been able to revive along with the revival in the economies of Europe."

The India Carpet Expo (ICE), which is organized by the Carpet Export Promotion Council, is the largest fiesta of handmade woolen, silk carpets, rugs and floor-coverings.(ANI)