Handicraft Fair generates Rs 20 million

KATHMANDU, DECEMBER 19: The handicraft fair that ran from December 14 to 18 in the federal capital made a transaction of Rs 20 million. Information on this was shared by the organiser Nepal Handicrafts Federation. The fair was organized to promote the international market of Nepali handicrafts.

It had the participation of province, district handicrafts association, and commodity associations with various products including jewellery, cotton cloths, pashmina, leather products, natural fibres, and bamboo items. There were nearly 120 sales stalls in the event which also aimed at fostering commercial relations between the national entrepreneurs and importers of handicrafts. The fair gathered the entrepreneurs, handicrafts importers and consumers together.

On the occasion, Minister for Industry at Bagmati Province, Ram Krishna Chitrakar, viewed the handwork products as having contributed well to the national economy and earned foreign currency as well. As it helps develop entrepreneurship and creates jobs, it must be protected and expanded, he underscored.

The Federation shared that Nepal is exporting handicrafts to over 60 countries. The total market of handicrafts is worth Rs 24 billion, while nearly 1.1 million people are involved in this sector. Nepal is exporting handicrafts of Rs 12 billion in a year.