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ECONOMY

Nepal exports plywood worth Rs 500 million in three months

SURUNGA, Sept 16: Nepal has become self-reliant in plywood production. In addition to that, the country has also started exporting plywood to various countries including neighboring India.
By Republica

SURUNGA, Sept 16: Nepal has become self-reliant in plywood production. In addition to that, the country has also started exporting plywood to various countries including neighboring India.


In the last three months alone, Nepal exported plywood worth Rs 500 million, said Secretary of Nepal Veneer Producers' Association, Jhapa, Dinesh Chapagain. Since the demand for Nepali plywood is high, the country has set a target to export plywood worth five billion rupees this year alone.


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According to Chapagain, there are 79 registered plywood industries in Nepal. Of them, 63 industries are exporting their products abroad. 


Jhapa has the largest number of plywood industries in the country with 16 industries currently in operation. 


Meanwhile, President of Nepal Veneer Producers Association Jhapa, Deepak Pandey said the state should provide incentives to the plywood-based industries in the country as the demand for wooden products is increasing abroad.


(RSS)

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