The recent news of Nepal exporting cement and clinker worth Rs 234.98 million in the first month of the current fiscal year marks a significant step forward for the nation's economy. This achievement underlines the latent potential of Nepal's cement industries and provides a compelling reason for the government to take proactive measures to tap into this sector's full capacity.
In the midst of various challenges faced by Nepal in narrowing down its widening trade deficit, one significant ray of hope emerges in the form of the surging momentum seen in the export of cement. The FY 2022/23 witnessed Nepal earning around Rs 780 million from cement exports, a feat not to be underestimated.
KATHMANDU, July 26 : Nepal exported cements worth Rs 779.30 million in the last fiscal year, thanks to the government providing cash subsidy on export of the product.
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