Tuesday, 02 January 2024 12:17 GMT

UP CM Urges Carpet Traders To Tap New Markets Amid US Tariffs


(MENAFN- Kashmir Observer)
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Bhadohi – Uttar Pradesh Chief Minister Yogi Adityanath on Saturday assured carpet exporters of the government's full support, and said they should turn challenges due to US tariffs into an opportunity to explore new markets.

Adityanath inaugurated the 49th International Kaleen Mela and the 4th Carpet Expo in Bhadohi on Saturday, the UP government said in a statement.

Speaking on the occasion, Adityanath said,“Whenever challenges arise, they bring opportunities with them. The US has imposed tariffs, but that is just one country's decision. We are moving rapidly toward free trade agreements with the UAE, UK, and other nations, which will open new avenues for our industries.”

He also announced the formation of a high-level government committee to monitor and address the impact of tariffs on the industry.

Adityanath said,“Our goal is not just to save the industry but to take it to new heights. When one country imposes tariffs, we will open pathways to 10 new countries. This is the spirit of Atmanirbhar Bharat. We should not fear challenges but turn them into opportunities. The government is with you, and your future is bright.”

The UP CM noted that 11 years ago, the carpet industry was on the verge of collapse. Under Prime Minister Narendra Modi's leadership, the carpet clusters of Bhadohi, Mirzapur, and Varanasi were revitalised, and a Carpet Expo Mart established in Bhadohi as its hub.

The first expo saw very few foreign buyers, but today 300-400 buyers from 88 countries attended the event, reflecting the growing global demand for Bhadohi carpets.

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