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font-poppins text-4xs tracking-[1px] text-gray-650" data-testid="article-kicker-component">DESIGN</div><div class="ml-3 mr-2 font-poppins text-2xl font-light leading-normal tracking-[0.075rem] text-gray-650" data-testid="kicker-subscriber-label-separator">路</div><div class="font-base font-light font-poppins text-4xs tracking-[1px] text-gray-650"><span class="ml-1">SUBSCRIBERS</span></div></div><h1 data-testid="article-title" class="mb-2 font-lct text-4xl font-bold !leading-[1.3] tracking-[-0.045rem] text-gray-850 md:px-6 md:text-10xl">US$50 million Singapore rug market draws Indian household name and Australian聽collab with local designers </h1><p class="mb-6 mt-2 font-lucida text-xl tracking-[-0.075rem] text-gray-850 md:px-6 md:text-4xl md:leading-normal">Both have recently set up shop in Amoy Street, home to several interior design firms </p><div class="mb-6 md:px-6 min-h-[50px] text-gray-850 mt-4 space-y-4 md:flex md:flex-wrap md:space-y-0" 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bg-gray-250"></div></div></li></ul></div></div><div class="splide"><div class="splide__track"><ul class="splide__list"><li class="splide__slide"><div><div class="py-2 px-3 font-poppins text-xs text-gray-850 md:px-8">A beautiful piece from the Manchaha collection. PHOTO: JAIPUR RUGS</div></div></li></ul></div></div></div><div class="body-content tracking-tighter mb-6 mt-4 font-lucida text-lg font-medium leading-normal tracking-[-0.05625rem] text-gray-850 antialiased md:px-8 md:text-xl" data-testid="article-paragraphs-component"><div class="relative [&amp;&gt;*:last-child]:relative [&amp;&gt;*:last-child]:after:absolute [&amp;&gt;*:last-child]:after:inset-0 [&amp;&gt;*:last-child]:after:bg-gradient-to-t [&amp;&gt;*:last-child]:after:from-white [&amp;&gt;*:last-child]:after:to-transparent mb-4 md:mb-6"><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">ONE hails from India and ranks among the largest producers of handmade rugs in the country; the other is an Australian company whose rugs feature in commercial and residential spaces in Singapore.</p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">This month, both opened new showrooms just a stone鈥檚 throw away from each other on Amoy Street. The prize? The local rug market worth US$50 million, as estimated by newcomer Jaipur Rugs, in its current financial year ending March 2025. </p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">And then, of course, there are also opportunities that come with being close to neighbouring countries.</p></div><div class="mb-6 border-t border-gray-175"><section class="mx-auto my-4 w-full" data-testid="article-purchase-link-component"><section class="mx-auto flex w-full flex-wrap items-center justify-between gap-4 lg:gap-0 lg:px-3" data-testid="article-purchase-link-version-2-component"><p class="mb-0 font-public-sans text-xs tracking-normal">Copyright The Business Times. 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