Arghakhanchi cement starts exporting its products to to India.
Arghakhanchi Cement has started exporting its products to India.
According to the company, it has sent 1,400 sacks of cement to India for the first time.
With the government’s decision to give up to 8 percent cash subsidy on cement exports, businessmen have agreed to export.
"Arghakhanchi Cement has also started exporting from today," Pashupati Murarka, the owner of Arghakhanchi Cement, told Nepalkhabar, "We have exported the first truck loaded with cement to Maharajganj in the Indian State of Uttar Pradesh."
Murarka said that the businessmen were excited when the government met the demands they had been raising for years.
The government has been collecting taxes from businessmen. "When exporting, some percent of the same tax will be returned", he said, 'If we get 8 percent cash subsidy, we will be competitive in the Indian market to some extent."
The company organized an event at its factory in Mainhia, Rupandehi and said that the company exported 1400 sacks (70 tons) of PPC cement to India in the first lot.
This is the first step in exporting Arghakhanchi products to the Indian market.