217 industries closed in Rupandehi

More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS.

सम्बन्धित सामग्री

Cement industries in Rupandehi increase export

The cement industries operating in Rupandehi have, of late, started exporting cement to India. The cement industries here have been exporting cement by receiving the Bureau of Indian Standards (BIS) from the Quality Department of the Government of India. The cement industries including Arghakhanchi, Shubhashree, Jagdamba, Palpa and Sarbottam have been e

217 industries closed in Rupandehi

More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS.

Over 200 industries shut down in Rupandehi during FY 2079/80

BUTWAL: More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS. According to the Office of Cottage and Small Industries, Bhairahawa, as many as 217 industries—84 production-oriented, 19 related to agriculture and forest, 63 related to service-oriented, and 51 related to tourism- were closed in the district. Industrialists said the industries […]

217 industries closed in Rupandehi

More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS.

Small industries increase in Rupandehi

As the opening of industries in Rupandehi increased, closure of old industries increased too. The cottage and small industries can be operated with little investment and as energy consumption and workers are easily available, investment is increasing in these industries. However, due to lack of return in proportion to investment, government hassles, strictness of banks and financial institutions in credit flows, the number of entrepreneurs closing their industries has also increased lately.

Industry establishment at snail’s pace in Bhairahawa-based SEZ

It has been eight years since the Special Economic Zone (SEZ) was inaugurated in Bhairahawa, Rupandehi, with an aim to enhance export and reduce economic losses. However, establishment of industries is moving at a snail’s pace.

Five steel industries in Rupandehi closed

Five large steel industries operating in Rupandehi have been closed indefinitely. According to the industrialists, the industry had to be shut down due to the discriminatory policy introduced by the government in the import of raw materials required for steel industries, MS blade and sponge iron through customs and excise duties.

Industrial production halted due to electricity outage

Industrialists have complained that the unannounced power cut in Rupandehi has halted production. The industrialists of Rupandehi, who have been facing power shortage for the past one month, have been suffering from unannounced load shedding of up to 24 hours for a few days. Bhishma Prasad Neupane, president of the Siddhartha Chamber of Commerce and Industries, Rupandehi, said that unannounced power cuts have been taking place in the industries of 33 kV and 11 kV industrial corridors for the past few days.