Home / Knowledge / News / Apparel/Garments / Nepal garment sector urges quick approval of SEZ Bill
Nepal garment sector urges quick approval of SEZ Bill
05
Mar '12
Garment manufacturers and exporters in Nepal are seeking speedy approval of the Bill for setting up two Special Economic Zones (SEZs) for garment, carpet and handicraft industries, which is awaiting the Senate's approval for the past three years.

Mr. Uday Raj Pandey, President of Garment Association - Nepal (GAN) told fibre2fashion, “The SEZ Bill is pending in the Senate, where it was tabled by the Ministry of Industry about three years ago. At the Annual General Meeting of GAN, we requested the Ministry of Industry to quicken the process of approval of the Bill as it would make exports from Nepal more competitive.”

Giving reasons for the Bill not being approved by the Government, he says, “As per the Ministry of Industry, the Bill is facing opposition from some of the members of the ruling party. According to the Ministry, they cannot table the Bill unless there is a consensus among all the parties that are in the ruling coalition Government.”

Informing about the benefits after the SEZ Bill is passed, he says, “One SEZ is going to be set up in Simara, near the dry port and another at Bhairahawa, bordering India. These locations will reduce our transportation costs and make our goods more competitive.”

“The SEZs would benefit not only the garment sector, but also other sectors like carpets, handicrafts, etc. Further, according to the SEZ Bill, there will be benefits like rebate on income tax, relaxation on the Labor Act, etc., which are not available outside the SEZs,” he adds.

“Inside the SEZs, we are planning to have a cluster type of backward linkage where various processing units such as dyeing, finishing, etc. will be set up in the garment processing zone to speed-up the production process,” the GAN President reveals.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search