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Fiber-based handicrafts: Catalyst to economic growth

23
Jan '10
Export of fiber-based handicraft items of the country has witnessed sharp growth amid falling business of garment and Pashmina products. Annual shipment of fiber-based handicraft items is around Rs. 250 million in terms of value. Japan, USA and other European countries are the key markets of these products.

Mr. Shyam Prasad Giri, General Secretary, Federation of Handicraft Associations of Nepal informed this, while speaking at a program in the capital. Domestic consumption of these items stands at around Rs. 500 million yearly.

Such items include cloth, belt, badge and other decorative items, which are manufactured in places like Rolpa, Rukum, Khotang, Terathum and Myagdi, he added.

Such items can prove to be a catalyst for economic growth of the country as there are high prospects in producing such items with high quality, added Mr. Giri.

Fibre2fashion News Desk - India


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