SRINAGAR: In a significant boost to Kashmir’s handicraft and handloom sector, the first quarter of the current financial year has witnessed exports worth Rs 309.62 crore, a staggering 243 per cent increase over Rs 126.90 crore recorded in the same period last year.
According to figures released by financial institutions and endorsed by the Department of Handicrafts and Handloom, Kashmir, this Q1 performance is the highest in the last four years. The surge signals renewed demand for Kashmir’s famed handmade products in global markets, even as the industry continues to grapple with disruptions caused by geopolitical conflicts.
A departmental spokesperson said in a press statement on Friday that the government is aiming for total exports worth over Rs 1500 crore this financial year, should global conditions remain conducive. “Higher exports of craft products to overseas destinations secure the welfare of Kashmir’s famed artisans and weavers,” he stated.
During the last fiscal year (2023–24), Kashmir’s craft exports stood at Rs 733.59 crore — a figure significantly restrained by international conflicts and shipping constraints. However, officials are optimistic that the current momentum will continue, driven by both heritage appeal and product diversification.
Traditional items such as Kani shawls, Sozni-embroidered shawls, and hand-knotted carpets continue to dominate export charts. In addition, products like crewel embroidery, papier-mâché artefacts, chain stitch textiles, and carved woodworks have also made inroads into foreign markets.
To further encourage overseas trade, the government has urged registered exporters to make use of the Export Subsidy Scheme. The scheme offers a 10 percent incentive on the total value of GI-registered handloom and handicraft products exported, with reimbursements of up to Rs 5 crore.
Highlighting initiatives to enhance product quality and marketability, the spokesperson mentioned the government-backed Design Studio at the Indian Institute of Carpet Technology in Srinagar and the role of the Craft Development Institute. “We urge stakeholders to access these innovative designs and packaging models to add value in high-end global markets,” he added.
As Kashmir’s artisans continue to adapt and innovate, the sector’s record Q1 performance is being seen as a crucial indicator of recovery, resilience, and international appea
