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ECONOMY

Nepal exports 30 million pairs of footwear abroad

FMAN’s General Secretary Nirmal Bhattarai said that the Nepali footwear industries carry the capacity to produce 160 million pairs in a year and 70 per cent of the domestic consumption is covered by Nepali footwear products. 
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By REPUBLICA

KATHMANDU, March 31: With an annual export of 30 million pairs of footwear every year, Nepal has become self-reliant in footwear production, according to the Footwear Manufacturer's Association of Nepal (FMAN).



FMAN’s General Secretary Nirmal Bhattarai said that the Nepali footwear industries carry the capacity to produce 160 million pairs in a year and 70 per cent of the domestic consumption is covered by Nepali footwear products. 


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FMAN stated that it has a crucial role in the nation's economic development, employment generation and exports, adding that this sector has contributed to the country's economy by earning foreign exchange through footwear export.


Bhattarai has mentioned that development, protection and promotion of the Nepali footwear industries is the major concern of the present time.  


Meanwhile, FMAN stated that its Chairman Suraj Banjade was proposed as a candidate for the working committee member in the upcoming election of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI). 


 


 

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