City
Epaper

Nepal's yarn industry gets a boost due to rise in orders from India post lockdown

By ANI | Updated: September 26, 2020 12:55 IST

The phasing out of lockdown in India has led to a rise in the demand for Nepal made yarns. This surge has in turn helped the local producers.

Open in App

The phasing out of lockdown in India has led to a rise in the demand for Nepal made yarns. This surge has in turn helped the local producers.

According to the producers, they are now operating at over 60 percent of their capacity because of increasing orders from India.

"We are now exporting the yarns to India. My company, in particular, is running at 70 percent of the capacity, other compes also are following the same steps," Bishnu Neupane, a proprietor of Jagdamba Spinning told .

"We are receiving high demands and orders from India," he added.

For over two and a half decades Nepal's yarn industry has been exporting products to the Indian market. They receive the bulks of their orders from Punjab and Assam, and Silguri, Guhawati, Gorakhpur and New Delhi.

India imports about 60 percent of the total yarn made by Nepal, it is followed by Turkey in the second place. As per the record of customs, Nepal in the last one month has exported yarns amounting to one billion Nepali rupees.

Reliance Spinning, Triveni Spinning and Jagdamba Spinning are three major yarn compes of Nepal that are now operating at above 60 percent of their capacity.

"We had to halt production due to the lockdown in India and Nepal, but now we are back to business employing 17 hundred workers with food and accommodation provided by the company. As we are receiving the orders, our business is slowly getting back on track," Shashikanta Agrawal, a proprietor of Reliance Spinning said.

All the industries that are now back to work are following the COVID-19 health protocols.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Jagdamba spinningReliance spinninggorakhpurNew DelhiThe new delhi municipal councilDelhi south-westLok sabha member of parliament
Open in App

Related Stories

InternationalUS Government Shutdown: US Embassy in India’s X Account to Pause Regular Updates Until Full Operations Resume

CricketIND-W vs AUS-W, 3rd ODI: Australia Women Win Toss, Opt to Bat Against India in Series Decider; Check Playing XIs

CricketWhy Is India Women’s Cricket Team Wearing a Pink Jersey in IND-W vs AUS-W 3rd ODI 2025 Match?

CricketIND-W vs AUS-W 3rd ODI LIVE Cricket Streaming: When and Where to Watch India Women vs Australia Women Final Match

NationalGorakhpur: 19-Year-Old NEET Aspirant Abducted and Killed by Animal Smugglers in UP; Villagers Stage Protest

International Realted Stories

InternationalDutch tech giant ASML's executive recalls company CEO meeting PM Modi for two hours, says "not always easy" to meet EU politicians

InternationalINS Trikand makes port call at Italy's Taranto, bolstering defence ties

InternationalPPP asks Maryam Nawaz to "rethink her tone" as row with PML-N widens over water, floods and Balochistan

InternationalOver nine million people in Afghanistan face acute food insecurity: UN

InternationalFrom Xinjiang to South China Sea, China's actions spark global concern