Government to include Nepali footwear products into NTIS

Kathmandu January 1- The government is considering to include the Nepali footwear products into the Nepal Trade Integration Strategy (NTIS)-2010. Citing the growing market of the locally made footwear, the government has been planning to give it a space in the state program aimed at promoting the high potential domestic products, said the Commerce Ministry. The NTIS list features the products with a huge potential for exports.

Speaking at the closing ceremony of 12th Nepali Boot and Suit Expo, Commerce Minister Deepak Bohara said the government had planned to focus on the domestic products, mainly footwear, on the priority basis. According to him, the government would form a taskforce immediately for the capacity building to promote the products.
 

Currently, Nepali footwear holds around 60 percent share in the domestic market, while more of such products are being exported. The sector exported products worth an estimated Rs2.5 billion last year.