Home / Knowledge / News / Textiles / Famed Pashmina trademark launched in 31 countries
Famed Pashmina trademark launched in 31 countries
13
Feb '10
The international trade-mark, Chyangra Pashmina has been launched by the Nepal Pashmina Industries Association (NPIA) in a bid to bring back the glory of Nepali Pashmina in international markets. This new trademark has been registered in 31 countries across the globe.

During the formal launch of this trademark, the Prime Minister Mr. Madhav Kumar said, this step would prove to be helpful for Nepali pashmina to re-gain its stance in the international market. Also, it is likely to reduce deficit in the balance of payments, he expected.

Pashmina is now established as a typical Nepali product on account of this registration, which now considers Pashmina as a product having well-defined traits and raw material. Nepal has gained exclusive rights over Pashmina products due to this definition and trademark, according to NPIA.

The association expects that the country will witness three times increase in exports to touch over Rs.7 billion, because of this trademark. In the year 2000, export of this product reached up to Rs.7.5 billion from Rs.360 million in 1997 and in the process, expanded its market to around 75 countries.

In 2008-09, Pashmina product exports slipped down to Rs.1.5 billion, as, Indian as well as Chinese Pashmina products started affecting Nepali exports drastically.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

C Kamatchisundaram
Voltas

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

Johan Berlin
InvestKonsult Sweden AB

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

Mark Paterson
Technical Absorbents Ltd

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

Mohammad Hassan
Biax Fiberfilm

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

Silvia Venturini Fendi
Fendi s.r.l

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

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


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