State-owned Udayapur Cement Industry has embarked on a Rs500 million modernisation plan in a bid to elbow into a market dominated by the private sector. The factory located in eastern Nepal plans to revamp itself to boost output, and be better placed to compete in the money-making sector where private manufacturers have an ever growing presence.
Udayapur Cement said it would replace all the old machinery and technology to keep up with the new entrants. The plant was installed 33 years ago, and most of the technology has become obsolete while private cement factories have been using the latest equipment.
Following the upgradation, the government factory will churn out 1,100 tonnes of cement daily compared to the current 800 tonnes.
“The work of installing modern machines has started,” said Gop
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