Formation Carpets Pvt. Ltd.

General information

Country

Nepal

Business partnership

Exports to Finland

Industry

Crafts

Interested in this company

Trang Nguyen

Programme Officer – Asia

+84 (0)358 768 165

Other company information

Year of registeration

1990

Number of employees

500

Annual turnover

0.5-1 million €

Annual balance sheet total

0-0.5 million €

Already engaged in international business

Yes

Percentage of international business

100%

Cooperation proposal

Formation Carpets seeks a business partnership to expand their market reach and enhance production capabilities. They aim to showcase products at trade fairs in new markets and build relationships with distributors and retailers who can help promote their handmade carpets. Additionally, they are looking for design collaborators and marketing agencies to innovate their product offerings and create effective marketing strategies, growing their presence and continuing to deliver high-quality, ethically produced carpets to discerning clients worldwide.

Offering

Formation Carpets has 34+ years of experience in handmade carpet manufacturing. They use traditional Tibetan methods to create exclusive, luxury designs, ensuring a minimal carbon footprint with eco-friendly dyes and no chemical washing. Formation Carpets is a member of the Global Compact Nepal (GCN), the local network of the United Nations Global Compact (UNGC), a voluntary non-binding United Nations pact to encourage businesses worldwide to adopt sustainable and socially responsible policies. 

Markets and customers

Formation Carpets specializes in exporting handmade carpets to North America and Europe. Their main clients include interior designers and decorators, luxury retailers, boutique hotels, and art collectors within these regions.

Additional information

They offer significant social advantages and added value to potential partners seeking ethical collaboration. The founder, Sulochana Shrestha-Shah, established Goodweave in Nepal to end child labor in the industry, earning the Advocates for Human Rights Award in 1997. Additionally, their social programs provide free education to the children of their workforce which has now expanded to full – blown schools for underprivileged children from marginalized communities. Formation Carpets remains committed to producing high-quality, ethically-made rugs while maintaining dedication to environmental sustainability and social responsibility. This commitment not only aligns with global ethical standards but also enhances their partners’ corporate social responsibility profile.

Oran Algeria Oran Algeria