Indian Carpet Industry and Its SWOT Analysis

Carpet Industry is one among the industries prevailingas floral, rhomboids, animal patterns and arabesques
in India since centuries. Indian Carpet Industry hasin its designs. These traditional Oriental styles are
always been a crucial part of Indian export industry.preferred even today. However, Indian carpet
Moguls brought and introduced carpet weaving inindustry seems to be highly influenced by western
India which survived and flourished greatly. Over thepatterns and designs which are giving a competitive
period, ancient weavers has transformed into modernedge to Indian traditional carpets, such as Chinese
artist who imbibe the magical colours to the Indianpatterns and Persian designs.
carpets. These artists bring aesthetic touch to theSwot Analysis of Carpet Industry
carpets by doing magic with colours and provideIndian Carpet Industry is a unique industry which is
carpets an unusual beauty and elegance. The studyhighly unorganized but lacks proper channels.
revealed that the total carpet exported last yearSomehow, it has managed to perform impressively in
was worth Rs 2600 crores whereas the size of thethe past years. The industry has made significant
domestic market was condensed to about Rs 200contribution in Indian exports till 1990s. What was
crores. Carpet holds a grace and recognition fromthere behind the industry that drives the export?
over centuries. Earlier, only a few centers in IndiaSWOT analysis brings forth the value drivers and
were involved in carpet weaving but slowly, varioustentative blocks this industry has experienced and
clusters have risen in northern part of India for theexperiencing even today;
same purpose. Each center has its own competitiveStrengths- Over the years, carpet industry has
advantage. These centers employ nearly millions offlourished in India due to availability of artistic skills,
people all across the country. Mojor belts of carpetscheap labour and low cost raw material, innovations in
include Bhadohi, Mirzapur and Agra belt in Uttarselling carpets and flexibility in manufacturing all kinds
Pradesh, Jaipur, Bikaner in Rajasthan, Panipat belt inof carpets.
Haryana and Kashmir belt.Weaknesses- The industry's greatest weakness is its
Carpets are broadly classified into two categories,highly being unorganized. The carpet exporters and
traditional and modern. Otherwise, Indianmanufacturers lack marketing channels. Indian
manufacturers make carpets in various types, thesesuppliers suffer due to poor infrastructure and internal
are;o Chainstich Rugso Tufted Woolen Carpetsocompetition, and lack professional approach and
Hand-knotted Woolen Carpetso GABBE WoolenIntellectual Property Rights.
Carpetso Pure Silk Carpetso Handmade WoolenOpportunities- Home furnishing market is moving
Dhurrieso Staple or Synthetic Carpetstowards Carpet industry, which results in evolution of
Each type has its own individuality in terms of design,new carpet designs. It is used as a marketing tool,
look and the wool used in its manufacturing. Theand gives opportunity to provide stocking and
variety in carpets caters to various needs ofwarehousing services to various players in the
customers.market.
The distinct variety added to the carpets is inclusionThreats- Industry is suffering a lot due to unhealthy
of silk and cotton which are innovatively mixing withcompetition exiting within it. If not handled properly,
the wool to give an attractive look to the carpets.current rebound in the industry may not be
Silk carpets are considered high quality pieces and aresustainable. Social evil such as Child labor has strong
comparatively high in price. Indian carpets arebonding with the industry. Hence, the industry invites
fundamentally following the old popular patterns suchrisk of possible backlash on itself.