At the recently concluded 29th Edition of India Carpet Expo, more than 300 buyers transacted business with participating exporters/exhibitors. 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. He 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 handknotted carpets by the Turkish Government, devaluation of Euro and other recessionary trends in Europe.
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