Five New Industries Approved at Dharan Industrial Estate, Rs 350 Million Investment Expected
SUNSARI:- Five new manufacturing industries have received approval to establish operations at the Dharan Industrial Estate, bringing an estimated domestic investment of around Rs 350 million as the current fiscal year 2082/83 nears its end.
The approvals came after the leases of several long-inactive industries were cancelled, creating space for new industrial ventures. According to Dharan Industrial Estate Office Chief Jeev Narayan Banjade, the new industries are expected to generate direct employment for approximately 350 people once they become fully operational.
The approved industries include Preeti Valve and Fitting Industries, GD Steel Industries, Siddi Vinayak Cottage Industry, JR Ventures, and Surya Diamond Industries. However, the lease agreement for Surya Diamond Industries is yet to receive final approval from the central office.
The new industries will manufacture a variety of products, including water meters and fittings, construction materials, food items, animal feed, and household utensils.
Banjade said the leases of five inactive industries were revoked after completing all required legal procedures, including public bidding and lease transfer processes. He added that priority has been given to production-oriented industries to support import substitution, increase government revenue, strengthen the local economy, and promote export-oriented manufacturing.
According to the Industrial Estate Office, some of the products planned for production also have strong export potential.
Established in 2032 BS, the Dharan Industrial Estate currently accommodates 35 industries. Of these, 30 are in operation, while the remaining five are in the process of being established. Collectively, the industries provide employment to around 1,000 workers.
