Search Result for : Export Promotion Council For Handicrafts Epch

Smriti Irani inaugurates 44th edition of IHGF-Delhi 2017

Aamir H Kaki Textiles Minister Smriti Irani on Thursday inaugurated the 44th edition of Indian Handicrafts and Gift Fair (IHGF) 2017, organised by Exports Promotion Council for Handicrafts (EPCH), at India Expo Centre and Mart in Greater Noida. In her address, she said, “I hope that the delegates who will come to attend the IHGF from over 100 countries would have more and more B2B engagements with the representatives and export houses, which are exhibiting their products at the Fair. Irani congratulated the EPCH for taking initiatives to take care of the education of children of artisans, working with the industry and export houses. “For education, 25% cost would be borne by the export house itself and 75% by the EPCH CSR activities,” ...

Handicrafts exports decline in first half of current fiscal: EPCH

Aamir H Kaki Export Promotion Council for Handicrafts (EPCH) said on Wednesday that handicrafts exports from the country were declined during the first six months of current financial year, due to disruptions caused by implementation of GST, exchange rates and some global matters. “The handicrafts exports from India during the first six months of 2017-18 were declined compared to a year ago. The exports during the period were Rs.12520 crore,” said O.P. Prahladka, Chairman, EPCH, while briefing the press on Wednesday on the eve of 44th edition of IHGF-Delhi Fair to be held from October 12-16. “However, the exports of handicrafts were Rs.24,392 crore during the financial year 2016-17, witnessing an increase of 13.15% compared to the previous year,” he added. However, Prahladka said ...

Industry expects good number of foreign buyers at IHGF

Aamir H KakiThe exporters and SMEs showcasing their handicrafts at the Indian Handicrafts and Gifts Fair (IHGF) Delhi Fair Spring 2017, are hoping for a good number of buyers from international as well as domestic markets.While speaking to The Dollar Business, A.S. Rehil, Chief Operating Officer, Masomex, said, “It is too early to say anything about the buyers as today is the first day of the Fair. I can see a lot of buyers and footfalls in the exhibition. But it depends how it is going to result at the end of the day. We are expecting a sizeable number coming to the fair in the coming days.”Citing the reason for low turnout, he said, “The recently held Frankfurt show ...

Indian handicrafts facing competition from machine-made products: Rashmi Verma

Aamir H Kaki  Indian handicrafts are facing competition from machine made products from countries such as China. But buyers know the difference between machine made and hand-crafted products as these are of superior quality, Rashmi Verma, Secretary - Textiles, Ministry of Textiles said while inaugurating the 43rd edition of Indian Handicrafts and Gifts Fair (IHGF) Delhi Fair Spring 2017 organised by EPCH (Export Promotion Council for Handicrafts) on Thursday at Expo Mart, Greater Noida.  She congratulated the EPCH for successfully bagging IHGF-Delhi Fair in the Limca Book of World Records as the world’s largest congregation of handicrafts exhibitors under one roof. “Every time I visit this fair I always see new product lines on display and this is the reason that a large ...

EPCH urges FM to exempt handicrafts from GST

The Dollar Business Bureau The Export Promotion Council for Handicrafts (EPCH) has requested the Finance Minister to exempt the handicrafts sector from the Goods and Services Tax (GST). The sector is apprehensive that GST may have some difficult tasks for the segment, Rakesh Kumar, Executive Director, EPCH said in a statement. The handicrafts sector currently has 100 percent exemption under central excise. However, the sector may be covered under GST with higher taxes which can make the products un-competitive in the foreign markets, he said. This concern was raised by a delegation of EPCH that met the finance minister on Monday. Kumar further said that while the exporters are being permitted to get refunds of the taxes, there will be entire capital blockage as currently proposed ...

Handicraft exports to reach 23,560 cr in 2016-17: EPCH

Manishika Miglani The export of Indian handicrafts is likely to witness a 10 per cent jump to reach 23,560 crore in 2016-17 as a result of increased demand in traditional and new markets, according to Exports Promotion Council for Handicrafts (EPCH). The council has noticed that the demand in regions like US, Europe, Latin America and Middle East is picking up which can lead to healthy recording of exports. The exports have recorded a rise of 18.25 per cent year-on-year to Rs 13,005.35 crore in the financial quarter of April-September 2016. According to Rakesh Kumar, Executive Director, EPCH, the rise in demand has been augmented by the promotional efforts being made in the aforesaid markets. Kumar also highlighted seeking enhanced duty benefits for the ...

Handicrafts fair begins; exporters to woo 5,000 overseas buyers

Source: PIB, Government of India IHGF Delhi Fair Autumn 2015 will be held from 14 – 18 October, 2015 at India Expo Centre & Mart, Greater Noida, NCR Delhi. Around 2,750 exhibitors including marts, drawn from all over India will be exhibiting home, lifestyles and fashion products spread over 14 halls covering approximately 1,90,000 sq.m. More than 5,000 buyers are expected to source their requirements at this fair.  Buyers from countries like USA, UK, Japan, France, Italy, Canada, Switzerland, Norway, Sweden, China, Australia, Philippines, Hong Kong and many more countries have already confirmed their visit to the fair.  Buyers from Latin American region particularly Argentina, Colombia, Brazil, Panama, Chile, Central Asia, Africa  and middle east will also be sourcing their requirements ...

Devaluation of yuan to impact handicraft export: EPCH

Source: PTI India's handicraft export, impacted by global slowdown, is expected to take a hit in the current fiscal due to the devaluation of the Chinese currency, EPCH on Monday said. Export Promotion Council for Handicrafts (EPCH) said that Indian products would lose their competitiveness in the global market due to the devaluation of yuan. “Indian products will now face problem in global markets. Chinese handicraft exporters would now get edge over our Indian products. Our competitiveness will be impacted. It may hurt our exports,” EPCH Vice-Chairman Rajesh Kumar Jain told PTI. In 2014-15, the country's handicraft exports declined 7.66% to $1.38 billion over the same period previous year. “The sector employs about 70 lakh people directly and indirectly. So it ...