Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Ministry of Industry, Commerce, and Supplies (MoICS) has granted approval to ten Nepali industries to import sugar from India for use as a raw material. This move follows an invitation from the MoICS for applications from industrialists interested in importing sugar under the allocated quota for sugar imports from India to Nepal.
The industries receiving approval to import sugar include:
– Agro Thai Food Pvt. Ltd., Lalitpur – Goodlife Beverages Pvt. Ltd., Sunsari – Asian Biscuit and Confectionery Pvt. Ltd. – Kwality Food Nepal Pvt. Ltd. – Kwality Food and Snacks Industries Pvt. Ltd. – Kwality Confectionery Pvt. Ltd. – Kwality Diet & Food Production Pvt. Ltd. – Shivam Dairy & Food Industries Pvt. Ltd., Biratnagar – KRS Ventures, Jhapa – Sujal Foods Pvt. Ltd., Pokhara
The MoICS has directed these industries to promptly contact the Department of Industry (DoI) for further procedures regarding the import process.
This initiative is expected to support the local industries in meeting their raw material needs and contribute to the overall industrial growth in Nepal.
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