<h1>India and China Collaborate to Boost Indian Handmade Carpet Exports with Duty-Free Exhibitions and Lower Import Duties.</h1> India and China are collaborating to enhance the export of Indian handmade carpets to China, aiming to diversify trade and address trade imbalances. The Indian Handmade Carpet Industry, a global leader with a 35% market share, currently exports only a small fraction to China. The Indian Commerce Minister has proposed duty-free exhibition entries and lower import duties on Indian carpets to boost exports. Additionally, a bonded warehouse in Qinghai Province's Carpet City is suggested for efficient distribution. The industry, employing over a million workers, targets exports worth $800 million for 2011-12, with significant growth potential.