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TEPC calls for fresh ideas to boost footwear sector
18
May '11
Nepal's Leather Footwear and Goods Manufacturer's Association has been called upon by the Trade and Export Promotion Centre (TEPC) to provide fresh ideas and suggestions to give a lift to the local leather industry.

Ramesh Kumar Shrestha, Executive Director of TEPC, while speaking at recently held 10th Annual General Meeting of the Association, gave a assurance that TEPC would provide a grant of Rs. 200,000 to the association.

He further stated that, over and above this financial aid of Rs. 200,000, TEPC also proposes to conduct a training programme for enhancing the skills of those working in the industry. Also, he asked the association to submit training proposals to TEPC.

However, Bir Mani Bajracharya, President of the association expressed his discontent over feeble government support. He averred that, the government has not provided them any support even for preparing a report on Leather Footwear industry, which they were trying to prepare for long. The task has yet not been accomplished due to inadequate financial assistance, he added.

In view of all this, Bhaskar Raj Rajkarnikar, acting President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) promised to grant financial support to the association. He said that, in order to grab a bigger market share, the leather and footwear industry needs to improve the value propositions of its products.

Bikash Ratna Dhakwa, President of Federation of Handicraft Association of Nepal (FHAN) said that, leather shoes possess greater potential as a key export item, and hence the industry should concentrate on its product development and make active efforts for marketing and promotion of these products, besides participation in various international trade fairs.

The local leather and footwear producers intend to boost their domestic market share to almost double over the next five years, from present 40 percent to around 80 percent by 2015.

Fibre2fashion News Desk - India

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