Garment export to US records 46 pc plunge
Kantipur Online, Nepal
Kantipur Report
KATHMANDU, Nov 4 – Export of readymade garment to the US has plunged by a whopping 46 percent in the first 10 months of 2014 compared to same period last year, as companies hit by labor stir and eroding competitiveness, failed to lure international buyers.
According to the statistics of Garment Association Nepal (GAN), Nepali readymade garment exports valued mere US $ 22.92 million over the first 10 months of the year, whereas it was US $ 42.41 million in the same period last year. Read more about Garment export to US records 46 pc plunge …