>>
Home / Knowledge / News / Textiles / Country turns from exporter to importer of textiles

Country turns from exporter to importer of textiles

04
Jul '09
The textile industry in Parsa, which once used to have 100 textile factories, is now having just 25 factories in operation, as it is in crisis due to labour unrest, energy crisis and ambiguous government policies.

During last decade, the closure of textile industries has increased rapidly, when several large factories such as Hetauda, Annapurna, Ashok and Himgunga witnessed closure. This closure of textile industries has left around 50,000 employees without job.

Nepali textile companies used to export their products to overseas countries, during their peak period. But now the crisis has led to an increase in imports of textile and clothing, since annual textile requirement of the country is around 330 million meters but the production is just 50 million meters.

Textile imports during the first 11 months of the current fiscal stood at Rs. 606.21 million, which is nearly double than that of in the same period of previous year.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock.com

Textiles | On 24th Jan 2022

World economy to lose $12.5 trn in output by 2024 due to COVID: IMF

The world economy will lose $12.5 trillion in output by 2024 due to...

Pic: Karin59 | Dreamstime.com

Textiles | On 24th Jan 2022

Investor confidence in Germany rises in Jan despite supply crunch

Investor confidence in Germany rose in January, say recent figures,...

Pic: Nikolay Antonov | Dreamstime.com

Textiles | On 24th Jan 2022

People's Bank of China cuts benchmark lending rates

China’s central bank has cut the benchmark lending rate of loan prime ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Susanna Koelblin,

Susanna Koelblin

Founded in 1920, Eastman is a global specialty materials company that...

Dr. A Sakthivel,

Dr. A Sakthivel

Incorporated in 1978, the Apparel Export Promotion Council (AEPC) is the...

Rajesh Masand,

Rajesh Masand

Established in 1963, the Clothing Manufacturers Association of India, or...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Payal Singhal, Label - Payal Singhal

Payal Singhal
Label - Payal Singhal

Leading South Asian fashion designer, <b>Payal Singhal </b>known for her...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

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

ESTEEMED CLIENTS

Rosset ;& Cia Limited
Phong Phu international JSC (PPJ)
Gatsby Africa
Under Armour Global Sourcing Ltd
Vardhman Textile Ltd
Alison Hayes Romania
The LYCRA Company Singapore  Pte. Ltd
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Permoda(Koaj/Armi/Pronto/Bkul)
Rayonese Textile Inc., Division de Culp Inc.
Varner AS Retail
Chori Company Limited
Calvin Klein
Gokaldas Exports Limited
Lenzing Aktiengesellschaft
Landmark Group
OVS Hong Kong Sourcing Ltd.
Reiter India Private Limited
BIANCA
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
KAS Direct Sourcing
Sainsbury's Argos Asia Limited
Huntsman (Singapore) Pte Ltd
Tchibo GmbH
Page Industries Limited (Bangalore)
Seasalt Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
KIABI
Sateri (Jiujiang) Fiber Co.,Ltd
Benetton Group
Eastman Chemical Company
Cat Tuong Real Estate Group Joint Stock Company
Lululemon Athletica Inc
Recron Polyester from Reliance Industries Limited
NITI Aayog
TESCO INTERNATIONAL SOURCING LIMITED
SYNERGIES HONG KONG LIMITED
T.T. Limited
SHAHI Exports Pvt Ltd
Alix Partners
Gap International Sourcing Limited
Green Fibre
Amazon China
Sportswear Company Spa
Bluestem Global Sourcing Limited
C;&A Sourcing International Ltd
Lisa S.P.A.
Restoque S.A.
Splash
Brandix Lanka Limited
Walmart
IKEA of Sweden AB
Puma
Helly Hansen Far East Ltd
Etam Group Strategy Hong Kong Limited
Boardriders Asia Sourcing Limited
Arvind Limited
Esprit Europe Services GmbH
MAS Active / MAS Kreeda / MAS Bodyline
John Varvatos
Sportmaster Ltd.
Target Corporation (MN)
Midas Clothing Limited
Truetzschler India Private Limited
Lacoste (Wanchai)
Abit
Chico’ FAS
Tory Burch Hong Kong Ltd
Decathlon
BIMBA ;& LOLA SL
Grasim Industries Limited
International Textile Manufacturers Federation
Tommy Hilfiger
Babyshop
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
G-Star Raw C.V.
Groz-Beckert East Asia LLP
PVH Corporation
The Top Form Brassiere Manufacturing Company Limited
Vianney Textil Hogar S.A. De C.V.
Gloria Jeans
Hirdaramani International Export Private Limited
Maceton Limited
LC Waikiki
Lifestyle
J ;& P Coats
Guess Europe Sagl,
Aramark Uniform ;& Career Apparel, LLC
THE BOMBAY DYEING ;& MFG.CO. LTD
Aquarelle Clothing Limited

January 2022

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


Advanced Search