Kathmandu – The government has prepared for the re-operation of the Hetauda textile industry. During the high-level discussion held at the Prime Minister’s and Council of Ministers’ office, Singh Durbar, Prime Minister Dahal advanced the discussion on the feasibility study conducted by the Nepal Army for the re-operation of the textile industry.

According to the policy and program of the Government of Nepal for the financial year 2080/081, the Nepali Army has studied the feasibility of re-opening the industries.

Hetauda Textile Industry Established in 2032 with the financial and technical support of the Chinese Government and the investment of the Government of Nepal stopped its production since 2056. The then royal government decided to close the industry in 2059. According to the study report presented by the Nepali Army after the government included the subject in the policy and program, It is estimated that the initial cost will be 1.93 billion to re-start the industry. In addition, annual operating expenses of Rs. 78 crore has been estimated in the report. The conclusion of the task force is that when the industry is re-operated, after 9 years the cost will be replaced and the industry will become profitable.

In the study report, it has been concluded that the industry has closed in the past due to lack of market management, timely modernization of technology, load shedding, financial burden due to excess manpower and lack of managerial capacity.

In the study report, some of the existing structures and machines of the industry can be repaired and put into operation and the budget of Nepal Army’s military welfare fund is sufficient for the operation of the industry. 166 ropani land is available in the ownership of the industry, the minimum infrastructure required for the industry is in place, most of the raw materials for the operation of the industry are available. It is mentioned that there is no problem for the market as the demand of clothing for government employees including the Nepali Army will be available within the country and the industry meets the demand.

The report has also determined the necessity and justification of the re-operation of the industry. According to which, re-operation of the industry will maintain the industrial sector of the past and will contribute significantly to the development of the country’s industrial sector and gross domestic product. It will also contribute significantly to job creation, so it is concluded that youth migration can be stopped.