Home / Knowledge / News / Textiles / Nepal's pashmina exports rise significantly
Nepal's pashmina exports rise significantly
19
Apr '12
A significant increase of 66.9 percent has been observed in exports of chyangra pashmina from Nepal to countries other than India, during the first seven months of the Nepali fiscal that began on July 16, 2011.

As per the statistics of the central bank, Nepal exported chyangra pashmina worth Np Rs. 1.87 billion during the seven month period as against exports of Np Rs. 1.12 billion during the corresponding period of last fiscal. The exports of chyangra pashmina were worth Np Rs. 943.9 million during the same period in 2009-10.

The Nepali Pashmina Industries Association said the rise in pashmina exports to countries other than India indicates that chyangra pashmina has been able to develop its brand image in the global market.

Pashmina exports to India, however, declined by 37.2 percent year-on-year to Np Rs. 21.4 million during the period under review. Nepal's pashmina exports to India were worth Np Rs. 34.1 million in the first seven months of Nepali fiscal 2010-11.

Pashmina is a soft and warm fibre derived from chyangra sheep found in the mountain region of Nepal. It was once in high demand globally, but the introduction of imitated pashmina wool adversely impacted Nepal's pashmina industry.

To bring back the ailing pashmina industry to life, the chyangra label was introduced to build a brand image as well as to help consumers differentiate the original pashmina from the imitated one. This move has helped pashmina industry to increase its exports.

The Nepal Government has sanctioned a budget of Np Rs. 3 million for promotion and publicity of chyangra brand in the domestic market this year.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search