• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Tuesday, July 8, 2025
Lake City Times
No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
No Result
View All Result
Lake City News
No Result
View All Result
Home Business

J&K Govt aims for Rs 3,000 crore annual handicrafts export by 2029

LCT Desk by LCT Desk
November 2, 2024
in Business, Top News
Reading Time: 2min read
A A
Share on FacebookShare on TwitterWhatsappTelegram

Ishtiyaq Kar

Srinagar, Nov 1: In a significant boost for artisans, the government has set an ambitious target to increase Jammu and Kashmir handicrafts exports to Rs 3,000 crore annually by 2029.
Kashmiri handicrafts, especially carpets and Pashmina shawls, are renowned for their exceptional quality and intricate designs, making them highly sought after in Gulf and European markets.
Many of these crafts have historical significance, tracing back to the Mughal-Afghan and Sikh-Dogra eras, and are celebrated globally, even displayed in prestigious museums.
Currently, Kashmir’s handicraft industry generates around Rs 1,200 crore in annual exports.
The government now aims to significantly raise this figure by expanding the international reach of these unique products.
The government has set up a target of handicraft export worth Rs 3000 crore annually from Kashmir by 2029.
A senior official from the Industries and Commerce Department explained that this initiative aligns with the newly introduced J&K Export Policy. “The policy leverages the region’s strengths and resources, aiming to transform Jammu and Kashmir into an export-driven economy. A core focus is on enhancing the quality and competitiveness of local products to meet global standards,” the official said.
In recent years, handicrafts exports have steadily grown, with exports rising from Rs 550 crore in 2021-2022 to Rs 1,100 crore in 2022-2023, and exceeding Rs 1,200 crore in 2023-2024. Major exports include carpets, shawls, wood carvings, and papier-mâché, with Kashmiri carpets even gracing the newly constructed Parliament building in New Delhi.
The J&K Export Policy also emphasizes the livelihoods of around 3 lakh artisans working in the handicraft sector. Increased exports directly boost artisans’ incomes and economic security.
A key part of this policy is the ‘district as an export hub’ approach, promoting district-level growth through local initiatives, skill development, and capacity building. This strategy aims to empower artisans and entrepreneurs to meet the expectations of the global market.

READ ALSO

BRICS Summit: PM Modi calls for strong global action against terrorism

BRICS condemns Pahalgam terror attack

Related Posts

Top News

BRICS Summit: PM Modi calls for strong global action against terrorism

July 8, 2025
BRICS Summit: PM Modi calls for strong global action against terrorism

Rio de Janeiro, Jul 7: Prime Minister Narendra Modi Monday participated in the 17th BRICS Summit being held in Rio...

Read more
by LCT Desk
0 Comments
Top News

BRICS condemns Pahalgam terror attack

July 8, 2025
BRICS condemns Pahalgam terror attack

Srinagar, Jul 7: Echoing India’s position for adopting a "zero tolerance" approach towards terrorism the BRICS grouping has condemned the...

Read more
by LCT Desk
0 Comments
Top News

Pak wants to derail J&K’s development journey: Lt Governor

July 8, 2025
Pak wants to derail J&K’s development journey: Lt Governor

Jahangeer Ganaie Anantnag, Jul 7: Describing Pakistan as “terrorist country” Lieutenant Governor Manoj Sinha on Monday accused it of attempting...

Read more
by LCT Desk
0 Comments
Top News

Amarnath Yatra: 23,857 pilgrims pay obeisance on 5th day

July 8, 2025
Amarnath Yatra completes one month

Umaisar Gull Ganie Pahalgam, Jul 7: With the Amarnath Yatra 2025 gaining momentum, the pilgrimage witnessed its busiest day on...

Read more
by LCT Desk
0 Comments
Top News

Schools to reopen today; SED under severe criticism

July 8, 2025
Headless schools in Anantnag takes toll on academics

Riyaz Bhat Srinagar, Jul 7: Following the 15-days summer break, the government Monday decided to reopen the schools in Kashmir...

Read more
by LCT Desk
0 Comments
Top News

Torrential downpour brings relief from heatwave

July 8, 2025
MeT forecasts widespread rains in JK

Owais Gul Srinagar, Jul 7: A major relief from the ongoing heatwave was observed in Jammu and Kashmir on Monday...

Read more
by LCT Desk
0 Comments
Next Post
Breast cancer emerges as leading threat to women’s health in Kashmir

Breast cancer emerges as leading threat to women’s health in Kashmir

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service

© 2021 Lake City Times - Premium theme by GITS.

No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper

© 2021 Lake City Times - Premium theme by GITS.