Home / Knowledge / News / Textiles / Handicraft exports register growth to beat downtrend
Handicraft exports register growth to beat downtrend
29
Jul '09
It seems that the handicrafts export of Nepal has not been affected by global financial crisis as the exports for the fiscal year 2008-09 witnessed a growth of 13 percent compared to last year.

During this fiscal year, Nepal exported Rs.3.02 billion of handicraft goods against Rs. 2.6 billion in 2007-08 and which in that fiscal year had slipped by 1.24 percent when corresponded with 2006-07.

The President of Federation of Handicraft Association of Nepal (FHAN) Mr. Pushkar Man Shakya said that this export is mostly supported by the products such as woolen goods, pashmina, Dhaka products, felt products and silver jewelry.

But he said that these exports still are not satisfactory as the industry would have achieved more if it had received government's support for the export of products by setting at least an export target.

FHAN figures revealed that last year, US imported highest Nepali Handicraft products amounting to Rs. 801.8 million and Germany was the second in importing Rs. 321.2 million worth of goods while UK stood third with imports worth Rs. 235.9 million.

Whereas Japan, which was on third position in the year 2007-08, was fourth this year with the imports of handicraft goods totaling to Rs. 229.7 million and France came fifth with Rs. 185.3 million.

The FHAN president said that uniqueness and quality of products as well as competitive prices are the factors due to which, the recession has not affected the industry and most of the overseas buyers of these products are regular customers.

Considering category-wise exports in 2008-09, export of textile handicraft goods boosted by 20 percent in growing from Rs. 1.76 billion compared to Rs. 1.46 billion in the previous fiscal year. Felt, woolen, Pashmina goods and Dhaka product's exports increased by 31 percent, 27 percent, 18 percent and 84 percent respectively.

Fibre2fashion News Desk - India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Courtesy: Badger Sportswear

Apparel/Garments | On 12th Dec 2017

Badger Sportswear acquires Alleson Athletic

Badger Sportswear, a leading manufacturer of athletic apparel and...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Urmil Arya

Sushila International, a well established textile organisation established ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

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

Marcel Alberts
Eurofibers

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

Judy Frater
Somaiya Kala Vidya

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

Silvia Venturini Fendi
Fendi s.r.l

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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