Home / Knowledge / News / Textiles / Nepali carpet exports may witness sharp fall in FY'13
Nepali carpet exports may witness sharp fall in FY'13
05
Feb '13
Carpet exporters in Nepal foresee a sharp fall in country’s overall carpet exports during the current fiscal that started on July 16, 2012, as the hand-knotted carpets are losing ground in export markets, according to The Himalayan Times report.
 
Nepal once exported around 3.3 million sq m of domestically-made carpets, but gradually the exports have dropped to 600,000 sq m during last fiscal. 
 
According to the Trade and Export Promotion Centre data, Nepal exported only about 200,000 sq m of carpet in the first five months of the current fiscal.
 
Anup Bahadur Malla, President of Nepal Carpet Exporters’ Association said Nepali hand-knotted carpet exports may not cross 400,000 sq m during remaining months of the fiscal, as there is no demand for Nepali hand-knotted carpets in local market, and now the product is also losing ground in global market. 
 
He added that the country’s carpet sector lacks skilled workforce and the Government does not provide any financial support to organize skill training programmes.
 
During the first five months, Nepal’s carpet exports dropped 22 percent to Np Rs. 2.17 billion from Rs. 2.77 billion recorded during same period of last fiscal. Previously, about 500,000 people were engaged in carpet industry, but today the number has dropped to just 100,000.
 
Mr. Malla said Nepal is considered to be a country that produces most fashionable carpets, whose designs and colours can be altered as per demand.
 
At present, about 200 Nepali firms export hand-knotted carpets to the US, Middle East, Canada and Western Europe.
 
Mr. Malla urged the Government to take the carpet industry seriously and help the producers and exporters to introduce new production trends and explore new markets. 
 
He suggested that rather than levying heavy taxes, the Government should bring the carpet industry within the purview of the cottage industry, and declare tax-exemption for garment, carpet and Pashmina industries.
 

Fibre2fashion News Desk - India


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Judy Frater
Somaiya Kala Vidya

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

October 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
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

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
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

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
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

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
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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