Nepal exports pashmina to 47 countries of the world, the Pashmina Industry Association has stated.
The Association stated that Nepal could reap economic benefits from the pashmina industry provided that the government gave priority to the development of this industry.
The pashmina manufacturers have been importing the pashmina yarn, chemicals and other raw materials from China, India and Europe. Nepali pashmina is famous in America, Japan and Europe.
Nepal manufactures pashmina shawls, sweaters for men and women, blankets, T-shirt, scarf and gloves etc.
Association’s Chief Executive Officer Harichandra Aryal said the trade of pashmina was satisfactory in Nepal.
The Association said pashmina products worth Rs 2.50 billion is sold in the domestic market. Similarly, the export of pashmina products to foreign countries is equivalent to two billion rupees. Most of the pashmina industries are located in Kathmandu.