New Factory Being Built in Nepal

Source from:  Tobacco Reporter 01/30/2011

Surya Nepal is building a new manufacturing plant in the Tanahun district of Nepal, according to an IANS story. The company, 69 per cent of which is owned by ITC, two per cent by British American Tobacco (Investment), and the rest by 20 Nepali individuals and companies, is making an initial investment of NRs240 million in the project. The factory is expected to be operational within 16 months. Enditem