Economic Effects of Covid-19 on the Indian Carpet Industry
- 17 September 2021
- journal article
- research article
- Published by Taylor & Francis Ltd in TEXTILE
- Vol. 20 (3), 331-341
- https://doi.org/10.1080/14759756.2021.1964787
Abstract
The Indian carpet industry has great potential in the economic development of the nation. This agri-based, unorganized sector employs millions of skilled and unskilled labors and acts as a source for their livelihood. The present study provides an overview of the impact of Covid-19 on the Indian carpet industry, discusses the export performance and vulnerabilities of the workers employed, identify certain export market strategies for the overall prosperity of the carpet industry. The Indian carpet industry has to pay a heavy price in the lockdown and the condition of the carpet industry is still deplorable. The sluggish demand for carpet across developed nations, closure of the production centers followed by phased lockdowns in the country and the migration of skilled labors/weavers added to its woes. The carpet industry is experiencing a tough time and it is evident with an abrupt decline in the export volumes and values of trade. To develop a strategic policy and provide job security to the workers employed in precarious jobs is the need of the hour.Keywords
This publication has 19 references indexed in Scilit:
- Presumed Asymptomatic Carrier Transmission of COVID-19JAMA, 2020
- Covid-19 — Navigating the UnchartedThe New England Journal of Medicine, 2020
- World Health Organization declares global emergency: A review of the 2019 novel coronavirus (COVID-19)International Journal of Surgery, 2020
- Export knowledgeKybernetes, 2019
- Comparative advantages in clothing exports: India faces threat from competing nationsCompetitiveness Review, 2018
- Developments in handmade carpets: IntroductionPublished by Elsevier BV ,2018
- The Role of Handicrafts in the Sustainable Development of Rural Tourism with an Emphasis on Indigenous KnowledgeInternational Journal of Geography and Geology, 2017
- Crafting CommunityTEXTILE, 2016
- Knitting and Well-beingTEXTILE, 2014
- Globalization, Export-oriented Employment for Women and Social Policy: A Case Study of IndiaPublished by Springer Science and Business Media LLC ,2004