Home / Knowledge / News / Textiles / Nepali carpet makers shift focus to high-end products
Nepali carpet makers shift focus to high-end products
08
May '13
To counter the severe competition and soaring cost of producing carpets, Nepali carpet manufacturers and exporters are now focusing on manufacturing of high-end carpets that face relatively less competition.
 
Due to incursion of sub-standard low-cost carpets, it is becoming difficult for Nepali carpet exporters to retain their foothold in international markets, according to Anup Bahadur Malla, president of Nepal Carpet Exporters Association.
 
The prolonged financial slump in the EU and tough competition faced in the US have badly hit the demand for Nepali carpets, as buyers are now preferring low-cost carpets that other countries supply, Republica reported quoting Mr. Malla.
 
Nepali carpet manufacturers are slowly losing their grip over markets for normal carpets, and are hence slowly shifting their focus to high-end carpets to counter competition, and ensure sustainability in business.
 
High-end carpets which constituted less than 20 percent of Nepal’s overall carpet exports two years ago, now account for about 50 percent share, he added.
 
The country produces 100-knot carpets using a mix of natural fibre and wool, which it imports from the Netherlands and Tibet of China.
 
Till last year, price of such carpets hovered around US$ 100 per square metre. But now, due to hike in production cost due to factors like soaring cost of labour and raw-material and load-shedding, the producers have been compelled to hike the prices to around US$ 116 per square metre. 
 
Against this high-quality carpets fetch around US$ 150 per square metre.
 
According to Trade and Export Promotion Centre (TEPC), Nepal’s carpet exports dipped to 346,065 square feet valuing Np Rs. 3.43 billion during the first eight months of the current fiscal year, which is a year-on-year fall of 17 percent.
 

Fibre2fashion News Desk - India


Must ReadView All

Sanjay K Jain, managing director, TT Ltd

Textiles | On 21st Sep 2017

TT’s Sanjay Jain elected new chairman of CITI

The Confederation of Indian Textile Industry (CITI), the apex body...

Textiles | On 21st Sep 2017

NRF urges US lawmakers to lower corporate tax rates

The National Retail Federation (NRF) has written to the US Senate...

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

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

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