Nepal imports 86% mobile sets from China

Image
IANS Kathmandu
Last Updated : Nov 27 2018 | 8:55 AM IST

Nepal imported 86 per cent of the country's total mobile sets from China as of the first quarter of the current fiscal year 2018-19 that began in mid-July, the Department of Customs (DoC) said.

According to DoC data, Nepal imported a total of 1,173,107 mobile sets from China, accounting for 86 per cent of the total mobile imports, reports Xinhua news agency.

The country imported a total of 1,362,331 mobile sets during the period from mid-July to mid-October this year.

In terms of value, mobile import from China was worth 5.26 billion Nepali Rupees ($46 million) which is 9.9 per cent of the total import of goods from China.

Nepal imported goods worth 53.11 billion Nepali Rupees ($468 million) as of the first three months of this fiscal.

Chinese mobile brands like Gionee, Huawei, Xiaomi, Lenovo, Vivo, Oppo and OnePlus are doing brisk business in Nepal, according to importers.

Mobile set imports from other countries to Nepal is far lower compared to that from China. Nepal imported the second largest number of mobile sets from India as the Himalayan country imported 114,751 from its southern neighbour followed by 74,198 from Vietnam.

Sanjaya Agrawal, chief executive officer of Tele Direct, authorised distributor of Xiaomi mobile phones in Nepal, told Xinhua on Monday that Chinese mobile sets have been popular in Nepal because they have been able to main high quality along with reasonable prices.

"Since we took the dealership of Xiaomi about eight months ago, sales have risen by 40 per cent," he said.

--IANS

ksk

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 27 2018 | 8:50 AM IST

Next Story