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According to data from the Export Promotion Council of Indian Handicrafts, soaring demand in the western market, such as the United States, prompted the export of handicrafts in India in December 2012 to reach US$454 million, an increase of 34.4% from the US$338 million in December 2011 exports.
Exports increased in December 2012, including hand-printed textiles, with exports up 26% year-on-year, and shawls as arts and crafts exports up 61% year-on-year.
The main reason for the growth of handicraft exports was the increase in orders from customers in the United States and China, although the EU's demand has yet to be restored.
At the same time, Indian handicraft exporters are also working hard to open up new markets such as Russia, Latin America and West Asia.
In the first three quarters of this fiscal year, India exported $2.05 billion in handicraft exports, a year-on-year increase of 20%.
The Indian Arts & Crafts Export Promotion Council expects that the export of handicrafts will be US$3.2 billion in the current fiscal year, compared with US$2.75 billion in exports last year.
Indian handicrafts employs more than 10,000 people directly and indirectly.
