India is a global leader in the production and export of handmade carpets and rugs, with a rich history and a significant impact on rural employment, and exports worth USD 1.51 billion in 2021-22.
India is the world's second-largest producer of carpets, after China. India is the top producer and exporter of handmade carpets and floor coverings in terms of value and volume.
Labor-intensive
The carpet industry is highly labor-intensive, emplo
In 2023, India's IT sector exports reached $193 billion, with software and services accounting for $126 billion. This is almost double the $108 billion in 2016.
‼️China - India Latest Update .
China has emerged as India's largest trading partner with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank The Global Trade Research Initiative (GTR