Home / Knowledge / News / Textiles / Handicraft exports witness wide expansion
Handicraft exports witness wide expansion
15
Apr '09
In 2008, export of handicrafts to other countries increased noticeably, when handicraft products worth Rs. 100 million were exported. According to the Eastern Business and Export Promotion Centre, countries like Italy, Germany, France as well as the United States and United Kingdom are the largest customers of Nepal.

During the previous financial year, handicraft product exports to Italy and France were worth Rs 30 million each. Whereas, exports to the U.S., U.K. and to Germany amounted to Rs. 20 million, Rs. 12 million and Rs. 4.5 million respectively. These figures reveal the high demand for Nepalese handicraft products. But the government is not taking any steps to motivate the handicraft industry.

In the current financial year, the handicraft industry in Nepal has successfully expanded its market to Netherlands, Brazil, Spain, Holland, Sweden, Switzerland and Portugal and has a satisfactory market share in Australia, Denmark, Taiwan, Japan, Czech Republic and Norway.

In Japan these handicraft products from Nepal are facing downturn. Japan used to be a big importer, but this year, it has imported handicraft products worth Rs. 3 million, which was Rs. 3.6 million from the same time last year.

While talking about the SAARC countries, Bhutan and Bangladesh are the topmost countries importing handicrafts from Nepal. During this fiscal year they have imported products around Rs. 10 million, each.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Giorgio Mantovani
Corman S.p.A

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

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sonam & Paras Modi
SVA

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

Judy Frater
Somaiya Kala Vidya

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

July 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

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

Yes No

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

Yes No

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


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



X