Home / Knowledge / News / Apparel/Garments / Nepal garment exports to grow 10% in 2012 - GAN

Nepal garment exports to grow 10% in 2012 - GAN

05
Jan '12
After witnessing an increase of about 4-5 percent in garment exports in 2011, the Garment Association of Nepal (GAN) is now expecting the country's apparel exports to rise by 10 percent in 2012.

Mr. Uday Raj Pandey, President of GAN, told fibre2fashion, “Last year, Nepal exported around NPR 5 billion worth of garments, of which more than 50 percent were destined to the EU with the remaining meant for the US, India and other countries.”

Explaining the export scenario, he says, “During the last two years, there has been a decline in export growth rate, but exports have not declined. While our garment exports to EU are increasing, those to the US market are declining.”

Mr. Yagya Pokharel, Proprietor of United Fashion, approves, “The garment exports to the US are decreasing continuously due to uncertainties in the quota system. But, we continue to get small-scale orders from our European customers.”

Talking about exports in 2012, Mr. Pandey says, “Since the past two years, garment exports from Nepal have increased at around 5-6 percent. We are not expecting much increase this year, but we expect exports to increase by about 10 percent.”

“We expect political stability to return in Nepal after six months, which might enable the factory owners to take bulk orders. Currently, even the buyers are not ready to palce bulk orders because since five years they have had bad experiences in Nepal. However, since the last two years there has not been any major strike in Nepal and this is one of the reasons for our expectation of rise in exports,” he reasons.

“Secondly, in November-December 2011, we participated in a sourcing fair in Australia. So, we expect Australia to explore the garment industry in Nepal in 2012. Hopefully, we will have some orders from Australia this year. It is one of the new markets that we are trying to strengthen and if we get good break in this market, it would boost our exports,” the GAN President adds.

Fibre2fashion News Desk - India


Must ReadView All

Foreign brands competing with local clothing companies in Vietnam

Apparel/Garments | On 17th May 2021

Foreign brands competing with local clothing companies in Vietnam

International brands are giving tough competition to the local...

Pic: Casimiro PT / Shutterstock.com

E-commerce | On 17th May 2021

London-based global fashion platform Lyst raises £60mn

Lyst, a London-based global fashion aggregator that operates an...

Pic: Shutterstock

Textiles | On 17th May 2021

Prime Content| China cotton index may remain stable in coming months: TexPro

The China cotton is expected to remain above 16,000 RMB per ton or...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Opportunity now to reimagine processes & systems in a digital environment

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

Ismail Ajani,

Ismail Ajani

Hollywood Footwear’s story began in 1946 when Jummabhai Ajani started the...

Mumin Can Eker,

Mumin Can Eker

Maseksport Inc is a readymade garment exporter. Founded in Izmir in 1989,...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

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

Leave your Comments


May 2021

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


Advanced Search