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Textile handicraft exports tumble down
26
Sep '09
Handicraft exports from the country totaled to Rs. 270.449 million during the first month of current fiscal (2009-100 recording a plunge of 9.1 percent compared to Rs 297.225 million worth of handicraft products exported during the corresponding period of 2008-09.

Labour disputes and unnecessary demands in the export sector are the issues responsible for this declining trend, said Federation of Handicraft Association of Nepal (FHAN).

Total textile product exports, in the first month of the current fiscal stood at Rs 165.063 million against Rs 200.119 million in the first month of last fiscal.

Many of the handicraft goods particularly from textile sector, which includes products like Pashmina, woollen products, silk products, cotton goods, Allo goods and Dhaka products observed huge fall in exports.

Dhaka products witnessed 95 percent plunge in exports, while shipment of silk products reduced by 48 percent, Allo products by 40 percent, cotton goods by 26 percent, and that of Pashmina and woolen products by 25 and 15 percent respectively.

However, the export of non-textile products observed a surge of 8.53 percent this year to reach Rs 105.385 million during the fist month of current fiscal against Rs 97.106 million during corresponding period of last year.

Fibre2fashion News Desk - India

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