Kathmandu — Hetauda Cement Industry is facing an extreme economic crisis. Broken-down machinery has halted production, leading to this situation. The management informed that the stoppage of cement production since the 15th of Ashoj has worsened the economic crisis in the industry.
Top management admits that, despite the complete stoppage of production, administrative expenses, employee salaries and allowances, and fuel costs continue to increase. Industry Management Committee Chairman Narendra Bhandari said that preparations are being made to resume production as soon as the machinery is repaired. The industry has been closed for a long time due to the economic crisis.
He said that the repair is taking time as technicians need to be imported from India to fix the machinery. The industry has enough raw materials. ” We have no shortage of raw materials,” said Chairman Bhandari. “We have 400 metric tons of coal in stock, which is required by the industry,” he added.
Previously, the industry was shut down for two months due to the economic crisis. With production resuming in the third week of Bhadra, the industry has produced 65,000 bags of cement to date.