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Nepali garments fail to pick up pace in Indian market
12 Oct '12
1 min read
Nepal’s readymade garment exports to India have failed to pick up pace, in spite of the neighbouring country being identified as ‘destination next’ by garment manufacturers in the Himalayan nation.
In Nepali fiscal 2011-12 that ended on July 15, 2012, the country exported Np Rs. 332 million worth of apparels to India, according to the annual export data of the Trade and Export Promotion Centre.
The figure is quite less compared to Rs. 800-900 million worth of clothing exports to India projected by the Garment Association – Nepal (GAN).
Industry experts feel that some Nepali products might have entered India using non-legal channels, and therefore they would not have been included in the export data.
GAN said it would discuss with the concerned authorities to identify the cause for garment exports to India remaining low.
The US and Europe are traditional markets for Nepali apparels. Besides India, Australia and South Africa have also been identified by Nepali garment sector as promising export destinations.
Fibre2fashion News Desk - India
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