Consider the following statements:
1. More than half of carpets made in India are exported to United States
2. Mirzapur-Bhadohi-Varanasi is one of the largest carpet belts of India
Which among the above statements is / are correct?

Answer: [C] Both 1 & 2

India exports all the three varieties of carpets – hand-made, machine-made and silk carpets. Handmade carpets (knotted) account for a lion’s share of 75% of the total carpet exports from India. The major export items include carpets made from wool, cotton, silk, jute and coir, cotton, durries, mats and mattings, rugs and druggets. US is the largest export market for carpet made in India, accounting for more than half of India’s export earnings. 5.2.28. Of the total carpet exports from India, the Mirzapur-Bhadohi-Varanasi carpet belt accounts for close to 80%. However, in the recent years, slowdown in export demand from the US and Europe, which account for about 85% of exports from this region, has resulted in sharp decline in exports. As a result, half of the units are out of business. In order to help the industry in this region in the long run, the Finance Minister has made announcement of setting up a mega carpet cluster in this belt.

This question is a part of GKToday's Integrated IAS General Studies Module