Five New Industries to Begin Operations at Dharan Industrial Estate

Five new manufacturing industries have received approval to set up operations at the Dharan Industrial Estate as the current fiscal year 2082/83 nears its close, opening the door for fresh domestic investment worth approximately Rs 350 million.

The approvals follow the cancellation of leases previously held by long-idle factories at the estate, according to Jeev Narayan Banjade, Chief of the Dharan Industrial Estate Office. The newly approved industries Preeti Valve and Fitting Industries, GD Steel Industries, Siddi Vinayak Cottage Industry, JR Ventures and Surya Diamond Industries are expected to generate direct employment for around 350 people once they become fully operational.

However, the lease agreement for Surya Diamond Industries is still pending final approval from the central office. Once operational, the industries will manufacture a range of products, including water meters and fittings, construction materials, food items, animal feed and household utensils.

Banjade said the leases of the five previously inactive industries were cancelled only after completing all legal procedures, including public bidding and lease transfers. He added that the Industrial Estate has prioritized production-oriented industries to help substitute imports, boost government revenue, strengthen the local economy and tap into export potential, noting that some of the upcoming products also hold promise for international markets.

Established in 2032 BS, the Dharan Industrial Estate currently hosts 35 industries in total. Of these, 30 are already in operation while five are in the process of being established. Together, these industries currently provide employment to around 1,000 workers.