Kathmandu. Confederation of Nepalese Industries (CNI) President Birendraraj Pandey has stated that Nepal's garment industry will face serious challenges following the country's graduation from the Least Developed Country (LDC) status.Speaking at an interaction program titled 'Challenges and Opportunities for Garment Export Promotion After LDC Graduation' organized by the Nepal Garment Association, President Pandey expressed deep concern regarding Nepal's industrial state and its preparedness for the transition. He noted that the manufacturing value-added component in Nepal's Gross Domestic Product (GDP) remains below 5 percent.He argued that the manufacturing sector's share of employment at only 7 percent indicates weak formal job creation....