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Nepalese carpet producer sets up facility in Tibet
26
Oct '10
A carpet manufacturer from Nepal has set up a fully-owned plant at Xigaze in southwest China's Tibet Autonomous Region. The plant is likely to generate employment opportunities for 3,500 persons, alongside, generating a sales turnover of 70 million Yuan ($10.3 million), per year.

A subsidiary of Kathmandu-based Samling Carpet Industries; Tibet Dunlin Trade and Industry Co. Ltd. is the first ever firm in Xigaze, Wangdu, which is fully foreign owned.

The new facility came up as a part of Chinese government's initiative to boost Tibet's economic through promotion of conventional handicraft industries, he said.

The factory which has been set up at a cost of 28-million Yuan was recently opened , and is likely to churn out 200,000 square meters of Tibetan wool carpet, each year.

Samling is amongst leading carpet producers in Nepal, and each year produces around 144,000 square meters of rugs and carpets.

Fibre2fashion News Desk - India

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