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Export of RMG & textile products witness surge
20
Jan '11
Iron and steel products emerged as the leading exportable item of Nepal in the initial five months of the financial period 2010-11, registering a hike of 11.9 percent to touch Rs 4.11 billion as against the figures registered during the corresponding period, the year before.

Export of woolen items, which constituted another major exportable product, witnessed an enormous boost of 17.3 percent to reach Rs 2.02 billion during the period under consideration.

As per the preliminary statistics provided by the Trade and Export Promotion Center (TEPC), there was a hike in the exports of the readymade garments by 20.8 percent to Rs 1.85 billion in the initial five months of 2010-11.

Likewise, exports of polyester registered an increase of 15.3 percent to Rs 4.11 billion whereas that of cotton yarn and lentils increased by 31.5 percent to Rs 2.28 billion.

Export of pashmina products witnessed a fall of 8.3 percent to Rs 600 million in spite of the government sanctioning a global trademark for pashmina products in order to enhance their exports.

Fibre2fashion News Desk - India

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