Explaining the reason for decrease in carpet exports, Anup Bahadur Malla, chairman of Export Promotion Committee of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said, “Indian and other foreign brand carpets are up to 30 per cent cheaper compared to Nepali carpets because production cost of Nepali carpets is high.”
Nepali carpets can be made more competitive in the global market by bringing down the price by increasing export incentive, Malla added, according to a leading Nepali daily report.
Under the Nepal Trade Integration Strategy (NTIS), carpets have been identified as one of the export products with competitive advantage. Still, global customers are not choosing Nepali carpets due to their high price, he said.
In 2015-16, Nepal’s carpet exports were valued at Rs 8.6 billion, with the US, western Europe and Australia being major markets.
Meanwhile, the Central Carpet Industries Association (CCIA) has urged the government to mark 2017 as ‘Export Year’. (RKS)
Fibre2Fashion News Desk – India
Apparel/Garments | On 18th Sep 2018
US President Donald Trump escalated the trade war with China on...
Textiles | On 18th Sep 2018
Sunrise Bumi Textiles, one of the world's leading quality yarn...
Shades of India
Women value something that is unique and has a flavour of India
Colorjet India Limited
We would like to venture more companies into the Indian market
Sunil Kumar Sharma
Loknayak JPNSSSG Ltd
'The blend of cotton–linen yarn has high demand in the domestic and...
<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...
Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...
<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...
Steve Cole of Xerium Technologies discusses the industry. Xerium is the...
Focusing on bold patterns and colour palettes, Luis Quijano, a student at...
Trützschler Nonwovens & Man-Made Fibers
Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...