Indian carpet exports have been growing steadily, with a CAGR of 7% since 2017-18. India is the largest exporter of carpets in the world, accounting for around 40% of the global handmade carpets exports. In 2021-22, India's handmade carpets & other floor coverings exports recorded a significant growth of 19.5%, reaching US$ 2.23 billion. This growth is not only beneficial for the country's economy but also for the artisans and weavers belonging to weaker sections of society, who are able to earn extra income by creating these beautiful carpets and floor coverings. To get more information on the Carpet business in india visit the IBEF website. Visit https://www.ibef.org/exports/carpet-industry-in-india